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 -0.18 183.15 0.45
Bottoms Long -0.36 150.11 0.68
Tops Intermediate -0.48 173.61 0.46
Bottoms Intermediate -0.84 141.71 0.46
Tops Short 0.66 190.37 0.83
Bottoms Short 1.86 193.02 0.88
alerts
Short Term Upward Sloping Trading Channel