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NYSE Trend Analysis
Use this graph to draw trend lines for NYSE. You can use it to identify possible trend reversals for NYSE 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 NYSE price movement. To start drawing, click on the pencil icon on topright. To remove the trend, use eraser icon.
NYSE Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NYSE applied against its price change over selected period. The best fit line has a slop of
1.9 % which may suggest that NYSE market price will keep on failing further. It has 34 observation points and a regression sum of squares at 2937.71, which is the sum of squared deviations for the predicted NYSE price change compared to its average price change.
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NYSE cannot be rated in Mean Deviation category at this point. It cannot be rated in Standard Deviation category at this point. creating about
1.34 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for NYSE is roughly
1.34