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 0.12 310.25 0.18
Bottoms Long 0.12 292.47 0.55
Tops Intermediate -0.12 296.85 0.11
Bottoms Intermediate 0.12 293.96 0.27
Tops Short -1.56 262.52 0.91
Bottoms Short -1.56 254.67 0.89
alerts
Short Term Downward Sloping Trading Channel