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Israel Index Trend AnalysisUse 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 LineThe 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 2.23 % which may suggest that Israel Index market price will keep on failing further. It has 34 observation points and a regression sum of squares at 4075.57, which is the sum of squared deviations for the predicted Israel Index price change compared to its average price change.
Israel Index cannot be rated in Mean Deviation category at this point. It cannot be rated in Standard Deviation category at this point. creating about 1.4 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Israel Index is roughly 1.4