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ProShares Ultra Bloo Technical Analysis
ProShares Ultra Bloo Trend AnalysisUse this graph to draw trend lines for ProShares Ultra Bloomberg Natural Gas. You can use it to identify possible trend reversals for ProShares Ultra 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 ProShares Ultra price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
ProShares Ultra Best Fit Change LineThe following chart estimates an ordinary least squares regression model for ProShares Ultra Bloomberg Natural Gas applied against its price change over selected period. The best fit line has a slop of 0.14 % which may suggest that ProShares Ultra Bloomberg Natural Gas market price will keep on failing further. It has 34 observation points and a regression sum of squares at 16.7, which is the sum of squared deviations for the predicted ProShares Ultra price change compared to its average price change.