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 1136.66 0.00
Bottoms Long 0.72 1088.69 0.44
Tops Intermediate 3.36 1238.05 0.98
Bottoms Intermediate 3.54 1216.17 0.97
Tops Short -0.18 1168.56 0.01
Bottoms Short 0.24 1146.03 0.02
alerts
Intermediate Term Upward Sloping Trading Channel