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 -0.42 163.84 0.91
Bottoms Long -0.72 126.96 0.85
Tops Intermediate -0.78 147.27 0.76
Bottoms Intermediate -1.5 108.03 0.97
Tops Short -0.36 146.87 0.13
Bottoms Short -0.12 140.79 0.01
alerts
Long Term Downward Sloping Trading Channel