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 0.02 0.06
Bottoms Long 0 0.00 0.02
Tops Intermediate 0 0.06 0.16
Bottoms Intermediate 0 0.07 0.33
Tops Short 0.18 3.64 0.16
Bottoms Short 0.12 2.41 0.12
alerts