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 2.36 0.27
Bottoms Long 0 0.28 0.50
Tops Intermediate 0.06 1.83 0.17
Bottoms Intermediate 0 0.20 0.94
Tops Short 0.12 2.86 0.33
Bottoms Short 0.18 3.50 0.60
alerts