Stockholm (Sweden) Technical Analysis

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Stockholm Trend Analysis

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

Stockholm Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Stockholm applied against its price change over selected period. The best fit line has a slop of 1.45 % which may suggest that Stockholm market price will keep on failing further. It has 34 observation points and a regression sum of squares at 1725.69, which is the sum of squared deviations for the predicted Stockholm price change compared to its average price change.

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Stockholm cannot be rated in Mean Deviation category at this point. It cannot be rated in Standard Deviation category at this point. creating about  1.24  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Stockholm is roughly  1.24