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 0.14 0.02
Bottoms Long 0 0.09 0.02
Tops Intermediate 0 0.45 0.07
Bottoms Intermediate 0 0.29 0.06
Tops Short 0.66 15.99 0.42
Bottoms Short 0.6 13.52 0.40
alerts