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 0.36 174.58 0.97
Bottoms Long -0.06 114.05 0.01
Tops Intermediate -0.84 102.71 0.94
Bottoms Intermediate -0.9 89.71 0.84
Tops Short -0.18 115.70 0.35
Bottoms Short 0.3 115.89 0.21
alerts
Intermediate Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout