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 1.34 0.12
Bottoms Long 0 0.28 0.18
Tops Intermediate 0.06 4.77 0.49
Bottoms Intermediate 0 1.39 0.74
Tops Short -0.18 1.32 0.80
Bottoms Short -0.12 0.41 0.46
alerts