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 1.82 0.06
Bottoms Long 0 1.26 0.00
Tops Intermediate 0 1.61 0.09
Bottoms Intermediate 0 1.12 0.29
Tops Short -0.06 1.19 0.97
Bottoms Short 0 1.28 0.15
alerts