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 -0.54 134.03 1.00
Bottoms Long -0.6 103.84 0.85
Tops Intermediate -0.54 128.24 0.71
Bottoms Intermediate -0.78 98.37 0.61
Tops Short -0.18 131.29 0.07
Bottoms Short 0.36 129.41 0.08
alerts
Long Term Downward Sloping Trading Channel