Bovespa (Brazil) Technical Analysis Overview

 Time Horizon     30 Days    Login   to change

Bovespa Trend Analysis

Use this graph to draw trend lines for Bovespa. You can use it to identify possible trend reversals for Bovespa 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 Bovespa price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Bovespa Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bovespa applied against its price change over selected period. The best fit line has a slop of 137.87 % which may suggest that Bovespa market price will keep on failing further. It has 34 observation points and a regression sum of squares at 1.551112738E7, which is the sum of squared deviations for the predicted Bovespa price change compared to its average price change.

Did you try this?

Run Alpha Finder Now
   

Alpha Finder

Use alpha and beta coefficients to find investment opportunities after accounting for the risk
All  Next Launch Alpha Finder

Bovespa Market Strength

Bovespa June 24, 2018 Daily Price Condition
Accumulation Distribution  49,480  
Daily Balance Of Power  0.0003  
Rate Of Daily Change  1.00  
Day Median Price  70,482  
Day Typical Price  70,535  
Price Action Indicator  158.68  
Market Facilitation Index  0.000377  
See also Your Current Watchlist. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.