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 -0.54 436.03 0.94
Bottoms Long -0.72 396.21 0.91
Tops Intermediate -0.78 422.62 0.73
Bottoms Intermediate -0.54 410.96 0.27
Tops Short -0.72 425.24 0.30
Bottoms Short -0.18 418.00 0.01
alerts
Long Term Downward Sloping Trading Channel