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 -0.48 125.12 0.77
Bottoms Long -0.18 126.92 0.55
Tops Intermediate 0.12 144.42 0.51
Bottoms Intermediate 0.24 139.23 0.64
Tops Short 0.48 152.27 0.85
Bottoms Short 0.66 147.69 0.85
alerts
Short Term Upward Sloping Trading Channel