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 -0.84 305.60 0.82
Bottoms Long -0.96 266.45 0.85
Tops Intermediate -1.08 291.19 0.48
Bottoms Intermediate -0.36 282.56 0.19
Tops Short -0.12 298.20 0.01
Bottoms Short 1.14 302.35 0.97
alerts
Long Term Downward Sloping Trading Channel