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 1.08 294.93 0.81
Bottoms Long 0.66 239.81 0.87
Tops Intermediate -0.48 237.22 0.91
Bottoms Intermediate 0.18 226.68 0.14
Tops Short -0.96 226.63 0.60
Bottoms Short -0.9 215.38 0.61
alerts
Long Term Upward Sloping Trading Channel