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 -0.6 131.63 0.93
Bottoms Long -0.72 109.11 0.94
Tops Intermediate -0.72 127.27 0.93
Bottoms Intermediate -0.66 113.87 0.70
Tops Short -0.48 129.77 0.48
Bottoms Short 0.06 128.54 0.01
alerts
Long Term Downward Sloping Trading Channel