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 1.38 0.33
Bottoms Long 0 1.18 0.49
Tops Intermediate 0 1.37 0.12
Bottoms Intermediate 0 1.16 0.19
Tops Short 0 1.02 0.76
Bottoms Short 0 0.97 0.53
alerts