SPTSX Comp Trend Analysis
Use this graph to draw trend lines for SPTSX Comp. You can use it to identify possible trend reversals for SPTSX Comp 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 SPTSX Comp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
SPTSX Comp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SPTSX Comp applied against its price change over selected period. The best fit line has a slop of 5.54 %
which may suggest that SPTSX Comp market price will keep on failing further. It has 34 observation points and a regression sum of squares at 25041.91, which is the sum of squared deviations for the predicted SPTSX Comp price change compared to its average price change.