Use this graph to draw trend lines for First Community Bancshares Inc. You can use it to identify possible trend reversals for First 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 First price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
First Best Fit Change Line
The following chart estimates an ordinary least squares regression model for First Community Bancshares Inc applied against its price change over selected period. The best fit line has a slop of 0.01 %
which may suggest that First Community Bancshares Inc market price will keep on failing further. It has 42 observation points and regression sum of squers of 0.17 which is sum of squared deviations of the predicted First price change against its avarage change.
First has a best fit line with a correlation coefficient of -0.36. and coefficient of determination of 0.13. Note, that about 14.0%
of the company shares are held by company insiders