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 -0.12 111.55 0.33
Bottoms Long 0 105.92 0.00
Tops Intermediate -0.3 104.91 0.88
Bottoms Intermediate -0.18 102.91 0.56
Tops Short -0.42 102.00 0.91
Bottoms Short -0.42 100.05 0.92
alerts
Short Term Downward Sloping Trading Channel