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 0.54 585.09 0.70
Bottoms Long -0.24 481.65 0.28
Tops Intermediate 1.92 626.81 1.00
Bottoms Intermediate 0.24 491.97 0.92
Tops Short -3.6 458.98 0.87
Bottoms Short -2.88 452.37 0.95
alerts
Intermediate Term Upward Sloping Trading Channel
Short Term Downward Sloping Trading Channel