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 -0.78 265.61 0.67
Bottoms Long -1.08 216.44 0.84
Tops Intermediate -0.18 288.06 0.02
Bottoms Intermediate 1.86 301.24 0.59
Tops Short 2.94 334.68 0.90
Bottoms Short 4.02 327.69 0.95
alerts
Short Term Upward Sloping Trading Channel