PowerShares SP Technical Analysis Overview

SPHQ -- USA Etf  

USD 31.22  0.06  0.19%

PowerShares SP 500 Quality ETF holds Coefficient Of Variation of 460.18, Semi Deviation of 0.3192 and Risk Adjusted Performance of 0.01. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of PowerShares SP as well as the relationship between them. In other words you can use this information to find out if the etf will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for PowerShares SP 500 which can be compared to its competitors. Please check PowerShares SP 500 Coefficient Of Variation as well as the relationship between Treynor Ratio and Semi Variance to decide if PowerShares SP 500 is priced some-what accurately providing market reflects its current price of 31.22 per share.
 Time Horizon     30 Days    Login   to change

PowerShares SP 500 Technical Analysis

Time Period
  Portfolio Optimization    
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The output start index for this execution was one with a total number of output elements of sixteen. 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 PowerShares SP 500 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.

PowerShares SP 500 Trend Analysis

Use this graph to draw trend lines for PowerShares SP 500 Quality ETF. You can use it to identify possible trend reversals for PowerShares SP 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 PowerShares SP price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

PowerShares SP Best Fit Change Line

The following chart estimates an ordinary least squares regression model for PowerShares SP 500 Quality ETF applied against its price change over selected period. The best fit line has a slop of 0.07 % which means PowerShares SP 500 Quality ETF will continue generating value for investors. It has 34 observation points and a regression sum of squares at 3.56, which is the sum of squared deviations for the predicted PowerShares SP price change compared to its average price change.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add PowerShares SP 500 Quality ETF to your portfolio

PowerShares SP Market Strength

PowerShares SP June 18, 2018 Daily Price Condition
Also please take a look at World Market Map. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.