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 0.36 217.74 0.64
Bottoms Long 0.12 187.78 0.05
Tops Intermediate -0.42 196.95 0.96
Bottoms Intermediate -1.8 138.51 0.89
Tops Short -0.3 192.78 0.06
Bottoms Short 1.02 190.53 0.73
alerts
Intermediate Term Downward Sloping Trading Channel