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 3.33 0.20
Bottoms Long 0 1.56 0.83
Tops Intermediate 0 3.27 0.07
Bottoms Intermediate -0.06 1.25 0.86
Tops Short -0.12 1.19 0.42
Bottoms Short -0.06 1.05 0.72
alerts