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 1.92 0.13
Bottoms Long 0 1.04 0.16
Tops Intermediate 0 2.67 0.32
Bottoms Intermediate 0 1.59 0.57
Tops Short -0.06 0.81 0.79
Bottoms Short 0 1.04 0.74
alerts