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 -0.3 142.13 0.86
Bottoms Long -0.36 128.08 0.90
Tops Intermediate -0.06 149.33 0.05
Bottoms Intermediate 0 143.45 0.00
Tops Short 0.12 151.13 0.14
Bottoms Short 0.3 149.19 0.26
alerts
Long Term Downward Sloping Trading Channel