MTEX Analysis
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.
| Trend | Term | Slope | Todays Value | rSquare |
| Tops | Long | 0 | 11.62 | 0.01 |
| Bottoms | Long | 0 | 10.11 | 0.05 |
| Tops | Intermediate | 0 | 10.51 | 0.05 |
| Bottoms | Intermediate | -0.06 | 8.12 | 0.38 |
| Tops | Short | 0.06 | 11.23 | 0.40 |
| Bottoms | Short | 0.12 | 10.42 | 0.84 |
| alerts |