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 -0.06 393.24 0.12
Bottoms Long 0.06 391.98 0.09
Tops Intermediate -0.3 387.20 0.91
Bottoms Intermediate -0.36 377.85 0.82
Tops Short -0.36 384.81 0.49
Bottoms Short -0.24 381.13 0.38
alerts
Intermediate Term Downward Sloping Trading Channel