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 2.14 0.91
Bottoms Long 0 1.06 0.73
Tops Intermediate 0 1.93 0.75
Bottoms Intermediate 0 1.25 0.80
Tops Short 0.06 2.06 0.52
Bottoms Short 0 1.38 0.28
alerts