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 -0.42 566.46 0.39
Bottoms Long -0.36 542.08 0.28
Tops Intermediate -1.26 538.03 0.98
Bottoms Intermediate -1.68 502.45 0.86
Tops Short -1.14 524.63 0.52
Bottoms Short -3.12 472.93 0.70
alerts
Intermediate Term Downward Sloping Trading Channel