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 -0.6 135.35 0.95
Bottoms Long -0.54 123.29 0.92
Tops Intermediate -0.9 125.51 0.97
Bottoms Intermediate -0.84 116.14 0.87
Tops Short -0.9 124.52 0.78
Bottoms Short -0.42 124.87 0.34
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel