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 0 266.57 0.00
Bottoms Long 0.12 244.77 0.03
Tops Intermediate 0.36 277.15 0.26
Bottoms Intermediate 0.66 269.56 0.56
Tops Short -0.48 260.48 0.86
Bottoms Short -0.54 252.77 0.81
alerts
Short Term Downward Sloping Trading Channel