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 0 596.46 0.00
Bottoms Long -0.6 526.12 0.41
Tops Intermediate -1.44 534.07 0.90
Bottoms Intermediate -2.16 484.90 0.83
Tops Short -1.56 528.82 0.78
Bottoms Short -2.22 487.08 0.35
alerts
Intermediate Term Downward Sloping Trading Channel