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 -0.36 170.02 0.84
Bottoms Long -0.42 149.95 0.54
Tops Intermediate -0.12 172.34 0.09
Bottoms Intermediate -0.18 157.17 0.06
Tops Short 0.84 183.52 0.81
Bottoms Short 0.72 175.04 0.97
alerts
Short Term Upward Sloping Trading Channel