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 1.11 0.06
Bottoms Long 0 0.19 0.29
Tops Intermediate 0 1.71 0.21
Bottoms Intermediate 0 0.18 0.46
Tops Short 0.12 3.03 0.56
Bottoms Short 0.06 1.46 0.44
alerts