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 0.18 172.95 0.88
Bottoms Long 0 151.94 0.02
Tops Intermediate -0.3 151.80 0.57
Bottoms Intermediate -0.36 140.67 0.91
Tops Short -0.84 142.75 0.85
Bottoms Short -0.9 137.61 0.90
alerts
Short Term Downward Sloping Trading Channel