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 1070.18 0.03
Bottoms Long 2.7 1121.17 0.68
Tops Intermediate 2.88 1161.93 0.85
Bottoms Intermediate 4.38 1173.83 0.94
Tops Short -2.04 1044.99 0.69
Bottoms Short -2.46 1024.81 0.72
alerts
Intermediate Term Upward Sloping Trading Channel
Intermediate Term Bearish Breakout