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 -0.18 156.66 0.32
Bottoms Long 0 147.06 0.00
Tops Intermediate 0.42 173.15 0.72
Bottoms Intermediate 0.48 165.23 0.89
Tops Short 0.66 175.99 0.85
Bottoms Short 0.72 171.32 0.82
alerts
Short Term Upward Sloping Trading Channel