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 -0.12 428.40 0.10
Bottoms Long -0.18 395.34 0.32
Tops Intermediate -0.9 392.11 0.75
Bottoms Intermediate -0.9 375.87 0.90
Tops Short -1.26 382.47 0.84
Bottoms Short -1.44 370.99 0.85
alerts
Short Term Downward Sloping Trading Channel