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 -0.06 162.06 0.68
Bottoms Long -0.06 154.50 0.03
Tops Intermediate 0.18 168.16 0.68
Bottoms Intermediate 0.24 166.66 0.98
Tops Short 0.24 168.10 0.87
Bottoms Short 0.24 166.28 0.81
alerts
Short Term Upward Sloping Trading Channel