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 2.82 532.63 0.86
Bottoms Long 2.1 451.18 0.96
Tops Intermediate -0.12 442.07 0.16
Bottoms Intermediate 1.02 436.30 0.62
Tops Short 0 440.98 0.00
Bottoms Short 1.68 444.33 0.67
alerts
Long Term Upward Sloping Trading Channel