Emtex technical analysis

Use Emtex Industries India Ltd (#INE907B01016IN) technical analysis together with your stock portfolios to protect against small markets fluctuations and to determine Stock optimization strategy that fits your criteria.  Suggest Portfolio

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

Emtex Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Emtex Industries India Ltd applied against its price change over selected period. The best fit line has a slop of 0.00 % . It has 36 observation points and regression sum of squers of 0.0 which is sum of squared deviations of the predicted Emtex price change against its avarage change. Emtex has a best fit line with a correlation coefficient of 0.0. and coefficient of determination of 0.0. Note, that the company has price-to-book (p/b) ratio of 0.08.