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 0.12 146.64 0.38
Bottoms Long 0.06 133.13 0.23
Tops Intermediate -0.12 142.02 0.92
Bottoms Intermediate -0.24 128.22 0.89
Tops Short -0.42 132.62 0.53
Bottoms Short -0.3 129.11 0.28
alerts
Intermediate Term Downward Sloping Trading Channel