The output start index for this execution was one with a total number of output elements of thirty-eight. 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 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 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
PowerShares 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 0.03 % which may suggest that PowerShares SP 500 Quality ETF market price will keep on failing further. It has 78 observation points and a regression sum of squares at 10.5, which is the sum of squared deviations for the predicted PowerShares price change compared to its average price change.
Did you try this?
Run Efficient Frontier Now
Plot and analyze your portfolio and positions against risk-return landscape of the market.