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 0.78 0.03
Bottoms Long 0 0.61 0.04
Tops Intermediate 0 0.86 0.56
Bottoms Intermediate 0 0.76 0.75
Tops Short 0 0.71 0.43
Bottoms Short 0 0.69 0.09
alerts