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 -0.6 128.92 0.86
Bottoms Long -0.66 114.46 0.87
Tops Intermediate -0.72 125.57 0.59
Bottoms Intermediate -0.72 112.79 0.57
Tops Short -0.24 131.87 0.19
Bottoms Short -0.48 120.44 0.67
alerts
Long Term Downward Sloping Trading Channel