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Gold Road Resources Technical Analysis
Gold Road Resources Trend AnalysisUse this graph to draw trend lines for Gold Road Resources Limited. You can use it to identify possible trend reversals for Gold Road 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 Gold Road price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Gold Road Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Gold Road Resources Limited applied against its price change over selected period. The best fit line has a slop of 0.0096 % which may suggest that Gold Road Resources Limited market price will keep on failing further. It has 34 observation points and a regression sum of squares at 0.08, which is the sum of squared deviations for the predicted Gold Road price change compared to its average price change.