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 -0.48 123.52 0.72
Bottoms Long -0.24 116.53 0.49
Tops Intermediate -0.78 114.05 0.89
Bottoms Intermediate -0.6 107.30 0.92
Tops Short -0.18 121.00 0.30
Bottoms Short -0.18 115.12 0.23
alerts
Intermediate Term Downward Sloping Trading Channel