|FCHI -- France Index|| |
4,884 12.52 0.26%
CAC 40 Trend Analysis
Use this graph to draw trend lines for CAC 40. You can use it to identify possible trend reversals for CAC 40 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 CAC 40 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
CAC 40 Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CAC 40 applied against its price change over selected period. The best fit line has a slop of 5.18 %
which may suggest that CAC 40 market price will keep on failing further. It has 78 observation points and a regression sum of squares at 265490.68, which is the sum of squared deviations for the predicted CAC 40 price change compared to its average price change.
Most of Macroaxis investors are at this time bullish on CAC 40. What is your opinion about investing in France companies? Are you bullish or bearish on CAC 40?