Trend Analysis: Performs linear regression on short term (20 day), intermediate term (60 day) and long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists. The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
TrendTermSlopeTodays ValuerSquare
Tops Long 0 1.15 0.38
Bottoms Long 0 0.95 0.37
Tops Intermediate 0 0.69 0.66
Bottoms Intermediate 0 0.53 0.87
Tops Short 0 0.51 0.65
Bottoms Short 0 0.44 0.90
alerts