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 1.93 0.77
Bottoms Long 0 1.28 0.96
Tops Intermediate 0.06 2.82 0.97
Bottoms Intermediate 0 1.85 0.70
Tops Short 0.06 2.38 0.70
Bottoms Short 0.06 1.98 0.71
alerts