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 -0.54 184.64 0.91
Bottoms Long -0.6 167.96 0.95
Tops Intermediate -0.54 184.25 0.95
Bottoms Intermediate -0.78 164.40 0.87
Tops Short -0.54 182.24 0.78
Bottoms Short -0.36 177.85 0.19
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel