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 -1.98 359.45 0.70
Bottoms Long -0.96 360.81 0.45
Tops Intermediate 0.9 467.41 0.70
Bottoms Intermediate 0.48 414.18 0.23
Tops Short -1.86 399.35 0.96
Bottoms Short -2.34 384.06 0.97
alerts
Short Term Downward Sloping Trading Channel