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 -1.2 423.38 0.54
Bottoms Long -1.26 374.63 0.81
Tops Intermediate -2.7 358.70 1.00
Bottoms Intermediate -2.7 336.63 0.89
Tops Short -0.06 415.13 0.00
Bottoms Short 2.52 429.67 0.93
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout