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 0.62 0.07
Bottoms Long 0 0.27 0.04
Tops Intermediate 0.06 2.04 0.21
Bottoms Intermediate 0 0.91 0.13
Tops Short 0.3 8.13 0.59
Bottoms Short 0.3 7.77 0.55
alerts