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 0.85 0.30
Bottoms Long 0 0.69 0.22
Tops Intermediate 0 0.70 0.73
Bottoms Intermediate 0 0.43 0.76
Tops Short 0 0.80 0.02
Bottoms Short 0 0.72 0.01
alerts