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 -0.66 286.62 0.52
Bottoms Long -1.08 217.60 0.90
Tops Intermediate -1.8 228.85 0.99
Bottoms Intermediate -2.22 194.62 0.92
Tops Short -0.06 268.52 0.01
Bottoms Short 0.78 264.43 0.19
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout