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 -0.06 222.14 0.45
Bottoms Long -0.06 217.34 0.80
Tops Intermediate -0.12 219.85 0.99
Bottoms Intermediate -0.12 215.93 0.84
Tops Short -0.18 216.68 0.68
Bottoms Short -0.54 207.66 0.70
alerts
Intermediate Term Downward Sloping Trading Channel