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 0.06 111.79 0.03
Bottoms Long -0.06 92.25 0.32
Tops Intermediate 0.18 109.45 0.16
Bottoms Intermediate 0.12 99.44 0.09
Tops Short -0.6 94.49 0.91
Bottoms Short -0.6 91.22 0.82
alerts
Short Term Downward Sloping Trading Channel