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 0.12 227.07 0.22
Bottoms Long 0.06 213.45 0.55
Tops Intermediate -0.06 217.18 0.09
Bottoms Intermediate 0.06 214.04 0.20
Tops Short -1.2 191.15 0.89
Bottoms Short -1.14 186.11 0.91
alerts
Short Term Downward Sloping Trading Channel