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 0.9 1414.09 0.29
Bottoms Long 0.18 1280.62 0.02
Tops Intermediate -3.18 1267.72 0.88
Bottoms Intermediate -2.58 1208.88 0.93
Tops Short -3.54 1246.53 0.52
Bottoms Short -2.94 1217.19 0.41
alerts
Intermediate Term Downward Sloping Trading Channel