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 0.12 0.02
Bottoms Long 0 0.08 0.02
Tops Intermediate 0.06 1.80 0.14
Bottoms Intermediate 0 0.48 0.10
Tops Short 0.3 6.84 0.62
Bottoms Short 0.12 3.14 0.55
alerts