Time Series Trend Analysis
Use this graph to draw trend lines for Franklin Universal Trust. You can use it to identify possible trend reversals for Franklin 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 Franklin price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Franklin Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Franklin Universal Trust applied against its price change over selected period. The best fit line has a slop of 0.02 % which may suggest that Franklin Universal Trust market price will keep on failing further. It has 40 observation points and regression sum of squers of 0.54 which is sum of squared deviations of the predicted Franklin price change against its avarage change. Franklin has a best fit line with a correlation coefficient of -0.88. and coefficient of determination of 0.78. Note, that the company had not issued any dividends in recent years.
Franklin June 19 2013 Technical Indicators
Follow Franklin Technical with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Franklin Research Report