|NQIL -- Israel Index|| |
1,168 0.26 0.0222%
Israel Index Trend Analysis
Use this graph to draw trend lines for Israel Index. You can use it to identify possible trend reversals for Israel Index 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 Israel Index price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Israel Index Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Israel Index applied against its price change over selected period. The best fit line has a slop of 1.05 %
which means Israel Index will continue generating value for investors. It has 34 observation points and a regression sum of squares at 899.72, which is the sum of squared deviations for the predicted Israel Index price change compared to its average price change.