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 -0.18 232.70 0.34
Bottoms Long -0.24 212.34 0.33
Tops Intermediate -0.72 213.45 0.92
Bottoms Intermediate -0.78 202.43 0.83
Tops Short -0.72 212.60 0.71
Bottoms Short -0.54 206.48 0.34
alerts
Intermediate Term Downward Sloping Trading Channel