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 0.12 235.06 0.13
Bottoms Long 0.18 212.47 0.38
Tops Intermediate -0.06 222.88 0.03
Bottoms Intermediate -1.14 175.47 1.00
Tops Short 0.84 232.96 0.90
Bottoms Short 1.08 230.05 0.87
alerts
Short Term Upward Sloping Trading Channel