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 0.06 198.32 0.10
Bottoms Long -0.06 182.44 0.06
Tops Intermediate -0.3 186.53 0.86
Bottoms Intermediate -0.24 180.16 0.71
Tops Short -0.6 181.10 0.96
Bottoms Short -0.54 178.38 0.82
alerts
Short Term Downward Sloping Trading Channel