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 -0.96 208.83 0.97
Bottoms Long -0.9 185.40 0.86
Tops Intermediate -0.48 223.79 0.62
Bottoms Intermediate -0.42 200.42 0.52
Tops Short 0.06 230.22 0.02
Bottoms Short 0.42 220.87 0.29
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout