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 -1.74 236.70 0.87
Bottoms Long -1.38 205.86 0.91
Tops Intermediate -0.96 262.44 0.99
Bottoms Intermediate -2.4 177.45 0.92
Tops Short 0.72 272.53 0.39
Bottoms Short 0.78 261.07 0.29
alerts
Long Term Downward Sloping Trading Channel
Intermediate Term Downward Sloping Trading Channel