FTSE MIB Trend Analysis
Use this graph to draw trend lines for FTSE MIB. You can use it to identify possible trend reversals for FTSE MIB 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 FTSE MIB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
FTSE MIB Best Fit Change Line
The following chart estimates an ordinary least squares regression model for FTSE MIB applied against its price change over selected period. The best fit line has a slop of 6.86 %
which may suggest that FTSE MIB market price will keep on failing further. It has 34 observation points and a regression sum of squares at 38368.26, which is the sum of squared deviations for the predicted FTSE MIB price change compared to its average price change.