|BFX -- Belgium Index|| |
3,564 58.91 1.68%
EURONEXT BEL-20 Trend Analysis
Use this graph to draw trend lines for EURONEXT BEL-20. You can use it to identify possible trend reversals for EURONEXT BEL-20 as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual EURONEXT BEL-20 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
EURONEXT BEL-20 Best Fit Change Line
The following chart estimates an ordinary least squares regression model for EURONEXT BEL-20 applied against its price change over selected period. The best fit line has a slop of 15.12 %
which may suggest that EURONEXT BEL-20 market price will keep on failing further. It has 34 observation points and a regression sum of squares at 186572.94, which is the sum of squared deviations for the predicted EURONEXT BEL-20 price change compared to its average price change.