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 0.05 0.04
Bottoms Long 0 0.04 0.03
Tops Intermediate 0 0.39 0.27
Bottoms Intermediate 0 0.23 0.21
Tops Short 0.06 1.12 0.75
Bottoms Short 0.06 0.93 0.70
alerts