OMXRGI (Latvia) Technical Analysis

 Time Horizon     30 Days    Login   to change

OMXRGI Trend Analysis

Use this graph to draw trend lines for OMXRGI. You can use it to identify possible trend reversals for OMXRGI 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 OMXRGI price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

OMXRGI Best Fit Change Line

The following chart estimates an ordinary least squares regression model for OMXRGI applied against its price change over selected period. The best fit line has a slop of 1.19 % which may suggest that OMXRGI market price will keep on failing further. It has 34 observation points and a regression sum of squares at 1164.6, which is the sum of squared deviations for the predicted OMXRGI price change compared to its average price change.

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OMXRGI cannot be rated in Mean Deviation category at this point. It cannot be rated in Standard Deviation category at this point. creating about  1.42  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for OMXRGI is roughly  1.42 

OMXRGI Market Strength

OMXRGI February 21, 2018 Daily Price Condition