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 -0.42 197.70 0.69
Bottoms Long -0.36 180.44 0.58
Tops Intermediate -0.96 181.78 0.86
Bottoms Intermediate -1.26 154.46 1.00
Tops Short -1.02 173.16 0.90
Bottoms Short -0.54 170.75 0.71
alerts
Intermediate Term Downward Sloping Trading Channel