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 0.24 234.33 0.20
Bottoms Long 0.06 206.32 0.02
Tops Intermediate -0.9 189.58 0.91
Bottoms Intermediate -0.54 182.51 0.95
Tops Short -0.9 186.08 0.88
Bottoms Short -1.08 174.23 1.00
alerts
Intermediate Term Downward Sloping Trading Channel
Short Term Downward Sloping Trading Channel