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 -1.2 556.60 0.87
Bottoms Long -1.44 484.63 0.98
Tops Intermediate -2.04 524.52 0.94
Bottoms Intermediate -2.22 473.40 0.88
Tops Short -0.6 553.30 0.47
Bottoms Short -0.06 533.97 0.00
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel