Hang Seng Trend Analysis
Use this graph to draw trend lines for Hang Seng. You can use it to identify possible trend reversals for Hang Seng 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 Hang Seng price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Hang Seng Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hang Seng applied against its price change over selected period. The best fit line has a slop of 79.7 %
which may suggest that Hang Seng market price will keep on failing further. It has 34 observation points and a regression sum of squares at 5183493.53, which is the sum of squared deviations for the predicted Hang Seng price change compared to its average price change.