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 -0.12 168.39 0.92
Bottoms Long -0.06 165.37 0.86
Tops Intermediate -0.12 166.94 0.95
Bottoms Intermediate -0.12 164.75 0.82
Tops Short -0.18 166.44 0.93
Bottoms Short 0 166.60 0.00
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel