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VelocityShares 3x Long Technical Analysis
VelocityShares 3x Long Trend AnalysisUse this graph to draw trend lines for VelocityShares 3x Long Natural Gas ETN. You can use it to identify possible trend reversals for VelocityShares 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 VelocityShares price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
VelocityShares Best Fit Change LineThe following chart estimates an ordinary least squares regression model for VelocityShares 3x Long Natural Gas ETN applied against its price change over selected period. The best fit line has a slop of 0.012132 % which means VelocityShares 3x Long Natural Gas ETN will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.12, which is the sum of squared deviations for the predicted VelocityShares price change compared to its average price change.