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 -0.24 217.73 0.37
Bottoms Long -0.3 198.90 0.47
Tops Intermediate -0.54 205.96 0.86
Bottoms Intermediate -1.14 171.05 0.91
Tops Short -0.96 195.66 0.60
Bottoms Short -1.92 161.34 0.88
alerts
Intermediate Term Downward Sloping Trading Channel