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 -1.74 620.91 0.84
Bottoms Long -1.98 529.38 0.81
Tops Intermediate -2.94 591.77 0.91
Bottoms Intermediate -3.54 502.44 0.80
Tops Short -0.78 586.05 0.07
Bottoms Short 1.26 567.06 0.86
alerts
Long Term Downward Sloping Trading Channel