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 0.95 0.63
Bottoms Long 0 0.83 0.42
Tops Intermediate 0 0.84 0.07
Bottoms Intermediate 0 0.76 0.18
Tops Short 0 0.92 0.63
Bottoms Short 0 0.86 0.79
alerts