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 0.54 557.52 0.85
Bottoms Long 0 494.74 0.00
Tops Intermediate -0.66 500.30 0.40
Bottoms Intermediate -0.78 478.81 0.42
Tops Short -2.4 470.36 0.88
Bottoms Short -2.22 461.22 0.87
alerts
Short Term Downward Sloping Trading Channel