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 -0.78 126.83 0.91
Bottoms Long -0.72 112.17 0.96
Tops Intermediate -0.84 123.64 0.92
Bottoms Intermediate -0.96 107.47 0.81
Tops Short -0.3 129.49 0.38
Bottoms Short -0.36 120.53 0.62
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel