The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of iPath B SP volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
iPath B SP Trend Analysis
Use this graph to draw trend lines for iPath B SP GSCI Crude Oil TR ETN. You can use it to identify possible trend reversals for iPath B 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 iPath B price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
iPath B Best Fit Change Line
The following chart estimates an ordinary least squares regression model for iPath B SP GSCI Crude Oil TR ETN applied against its price change over selected period. The best fit line has a slop of 0.27 % which may suggest that iPath B SP GSCI Crude Oil TR ETN market price will keep on failing further. It has 34 observation points and a regression sum of squares at 61.34, which is the sum of squared deviations for the predicted iPath B price change compared to its average price change.
Current Sentiment - OILB
iPath B SP Investor Sentiment
Macroaxis portfolio users are evenly split in their perspective on investing in iPath B SP GSCI Crude Oil TR ETN. What is your take regarding investing in iPath B SP GSCI Crude Oil TR ETN? Are you bullish or bearish?