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 -0.18 123.23 0.91
Bottoms Long -0.24 108.96 0.83
Tops Intermediate -0.3 117.60 0.93
Bottoms Intermediate -0.42 106.11 0.71
Tops Short -0.18 116.77 0.16
Bottoms Short 0.12 117.05 0.05
alerts
Long Term Downward Sloping Trading Channel