NIKKEI 225 Trend Analysis
Use this graph to draw trend lines for NIKKEI 225. You can use it to identify possible trend reversals for NIKKEI 225 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 NIKKEI 225 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NIKKEI 225 Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NIKKEI 225 applied against its price change over selected period. The best fit line has a slop of 14.2 %
which may suggest that NIKKEI 225 market price will keep on failing further. It has 34 observation points and a regression sum of squares at 164634.75, which is the sum of squared deviations for the predicted NIKKEI 225 price change compared to its average price change.