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 -0.72 152.15 0.92
Bottoms Long -0.48 141.52 0.87
Tops Intermediate -0.9 148.19 0.88
Bottoms Intermediate -0.66 137.13 0.92
Tops Short -0.66 150.10 0.68
Bottoms Short -0.3 147.01 0.18
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel