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 2.00 0.15
Bottoms Long 0 0.86 0.17
Tops Intermediate 0.06 4.47 0.15
Bottoms Intermediate 0.06 3.26 0.41
Tops Short 0.48 12.54 0.24
Bottoms Short -0.06 1.16 0.40
alerts