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 0.36 337.27 0.71
Bottoms Long -0.06 295.85 0.04
Tops Intermediate 0.18 325.94 0.60
Bottoms Intermediate -0.54 287.16 0.81
Tops Short -0.9 291.82 0.86
Bottoms Short -1.44 275.64 0.98
alerts
Short Term Downward Sloping Trading Channel