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 -0.72 280.40 0.93
Bottoms Long -0.78 255.98 0.86
Tops Intermediate -1.02 271.61 0.95
Bottoms Intermediate -0.3 263.37 0.12
Tops Short -0.06 290.67 0.00
Bottoms Short 0 275.09 0.00
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Bullish Breakout