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 -0.24 106.57 0.85
Bottoms Long -0.24 94.21 0.87
Tops Intermediate -0.18 108.41 0.33
Bottoms Intermediate -0.24 95.96 0.49
Tops Short 0.12 112.28 0.09
Bottoms Short 0.36 110.74 0.34
alerts
Long Term Downward Sloping Trading Channel