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 2.10 0.46
Bottoms Long 0 1.35 0.55
Tops Intermediate 0 1.65 0.37
Bottoms Intermediate 0 0.75 1.00
Tops Short -0.06 0.98 0.43
Bottoms Short 0 1.09 0.47
alerts