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 0.60 0.80
Bottoms Long 0 0.55 0.57
Tops Intermediate 0 0.55 0.67
Bottoms Intermediate 0 0.51 0.95
Tops Short 0 0.61 0.08
Bottoms Short 0 0.52 0.65
alerts