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 -0.36 262.35 0.11
Bottoms Long 0 239.26 0.00
Tops Intermediate -2.76 184.74 0.97
Bottoms Intermediate -2.16 177.85 0.96
Tops Short -1.62 203.49 0.76
Bottoms Short -1.44 187.72 0.83
alerts
Intermediate Term Downward Sloping Trading Channel