NASDAQ 100 Pre Trend Analysis
Use this graph to draw trend lines for NASDAQ 100 Pre Market Indicator. You can use it to identify possible trend reversals for NASDAQ 100 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 100 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NASDAQ 100 Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NASDAQ 100 Pre Market Indicator applied against its price change over selected period. The best fit line has a slop of 8.07 %
which may suggest that NASDAQ 100 Pre Market Indicator market price will keep on failing further. It has 34 observation points and a regression sum of squares at 53189.77, which is the sum of squared deviations for the predicted NASDAQ 100 price change compared to its average price change.