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 -0.48 119.73 0.88
Bottoms Long -0.48 107.16 0.87
Tops Intermediate -0.18 128.05 0.29
Bottoms Intermediate -0.3 114.34 0.69
Tops Short -0.84 112.72 0.76
Bottoms Short -0.96 107.19 0.96
alerts
Long Term Downward Sloping Trading Channel