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 -0.24 210.01 0.40
Bottoms Long -0.54 177.03 0.72
Tops Intermediate -0.9 178.35 0.96
Bottoms Intermediate -0.96 166.82 0.85
Tops Short -0.72 184.44 0.46
Bottoms Short 0.18 186.12 0.02
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout