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 -2.4 605.12 0.98
Bottoms Long -2.4 503.93 0.90
Tops Intermediate -1.86 608.00 0.48
Bottoms Intermediate -0.72 571.14 0.15
Tops Short 0.66 647.54 0.06
Bottoms Short 2.82 631.79 0.36
alerts
Long Term Downward Sloping Trading Channel
Long Term Bullish Breakout