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 -0.36 143.52 0.86
Bottoms Long -0.6 111.55 0.87
Tops Intermediate -0.54 135.39 0.60
Bottoms Intermediate -0.54 122.56 0.37
Tops Short -1.02 125.11 0.51
Bottoms Short 0.66 136.21 0.48
alerts
Long Term Downward Sloping Trading Channel