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 0.53 0.04
Bottoms Long 0 0.32 0.03
Tops Intermediate 0.06 1.51 0.12
Bottoms Intermediate 0 0.88 0.08
Tops Short 0.36 8.42 0.67
Bottoms Short 0.3 7.40 0.68
alerts