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 -0.3 415.63 0.61
Bottoms Long -0.54 380.97 0.54
Tops Intermediate -0.72 403.61 0.90
Bottoms Intermediate -1.5 353.57 0.82
Tops Short -0.42 405.77 0.28
Bottoms Short 0.48 398.42 0.06
alerts
Intermediate Term Downward Sloping Trading Channel