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 1.10 0.16
Bottoms Long 0 0.99 0.12
Tops Intermediate 0 1.56 0.46
Bottoms Intermediate 0 1.36 0.59
Tops Short 0 1.82 0.69
Bottoms Short 0 1.46 0.61
alerts