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 -0.36 215.12 0.55
Bottoms Long -0.96 148.49 0.82
Tops Intermediate -1.92 148.83 0.90
Bottoms Intermediate -2.28 109.78 0.90
Tops Short -0.24 181.37 0.01
Bottoms Short 2.22 193.80 0.87
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout