NQ US Ind Trend Analysis
Use this graph to draw trend lines for NQ US Ind Metals Mining Lg M. You can use it to identify possible trend reversals for NQ 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 NQ US price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NQ US Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NQ US Ind Metals Mining Lg M applied against its price change over selected period. The best fit line has a slop of 4.73 %
which may suggest that NQ US Ind Metals Mining Lg M market price will keep on failing further. It has 34 observation points and a regression sum of squares at 18280.89, which is the sum of squared deviations for the predicted NQ US price change compared to its average price change.