Nasdaq US 600 Trend Analysis
Use this graph to draw trend lines for Nasdaq US 600 Mid Cap Value Net. You can use it to identify possible trend reversals for Nasdaq US 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 Nasdaq US price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Nasdaq US Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nasdaq US 600 Mid Cap Value Net applied against its price change over selected period. The best fit line has a slop of 3.82 %
which means Nasdaq US 600 Mid Cap Value Net will continue producing value for investors. It has 34 observation points and a regression sum of squares at 11894.72, which is the sum of squared deviations for the predicted Nasdaq US price change compared to its average price change.