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 -0.6 239.44 0.86
Bottoms Long -0.9 195.12 0.92
Tops Intermediate -0.42 236.03 0.38
Bottoms Intermediate -0.42 212.01 0.63
Tops Short -0.42 236.13 0.16
Bottoms Short -0.06 221.93 0.01
alerts
Long Term Downward Sloping Trading Channel