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 -0.18 424.22 0.19
Bottoms Long -0.48 391.05 0.40
Tops Intermediate -0.78 407.09 0.96
Bottoms Intermediate -1.32 371.43 0.88
Tops Short -0.72 403.94 0.52
Bottoms Short -1.98 366.15 0.51
alerts
Intermediate Term Downward Sloping Trading Channel