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 1.32 0.03
Bottoms Long 0 1.18 0.27
Tops Intermediate 0 1.09 0.67
Bottoms Intermediate 0 0.99 0.96
Tops Short 0 1.10 0.44
Bottoms Short 0 1.05 0.26
alerts