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 -0.24 167.27 0.37
Bottoms Long -0.42 146.62 0.54
Tops Intermediate -0.54 156.95 0.88
Bottoms Intermediate -0.84 133.17 0.89
Tops Short -0.24 157.01 0.11
Bottoms Short 0.36 154.35 0.22
alerts
Intermediate Term Downward Sloping Trading Channel