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 -0.66 131.65 0.96
Bottoms Long -0.54 119.44 0.85
Tops Intermediate -0.54 134.90 0.63
Bottoms Intermediate -0.36 125.57 0.87
Tops Short -0.72 127.54 0.81
Bottoms Short -0.3 127.05 0.43
alerts
Long Term Downward Sloping Trading Channel