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 0.10 0.72
Bottoms Long 0 -0.02 0.87
Tops Intermediate 0 0.17 0.11
Bottoms Intermediate 0 0.11 0.51
Tops Short 0 0.16 0.01
Bottoms Short 0 0.13 0.01
alerts