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 -0.3 140.79 0.96
Bottoms Long -0.36 127.92 0.96
Tops Intermediate -0.42 137.45 0.94
Bottoms Intermediate -0.24 133.44 0.71
Tops Short -0.36 138.21 0.74
Bottoms Short -0.42 133.15 0.57
alerts
Long Term Downward Sloping Trading Channel