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 1.40 0.75
Bottoms Long 0 0.82 0.97
Tops Intermediate 0 1.83 0.35
Bottoms Intermediate 0 0.68 0.93
Tops Short 0 1.96 0.59
Bottoms Short 0 1.50 0.44
alerts