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 0.42 0.02
Bottoms Long 0 0.21 0.02
Tops Intermediate 0.06 1.48 0.06
Bottoms Intermediate 0 0.77 0.07
Tops Short 0.42 10.57 0.52
Bottoms Short 0.3 7.83 0.70
alerts