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 -0.36 199.95 0.92
Bottoms Long -0.48 178.97 0.85
Tops Intermediate -0.3 200.73 0.44
Bottoms Intermediate -0.78 175.56 0.48
Tops Short -0.06 206.80 0.01
Bottoms Short 0.42 205.43 0.12
alerts
Long Term Downward Sloping Trading Channel