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 0.18 226.55 0.56
Bottoms Long 0.24 210.69 0.29
Tops Intermediate 0.24 227.45 0.54
Bottoms Intermediate 0.78 230.69 0.96
Tops Short -1.5 186.25 0.62
Bottoms Short -1.8 167.46 0.91
alerts
Intermediate Term Bearish Breakout