DOW Trend Analysis
Use this graph to draw trend lines for DOW. You can use it to identify possible trend reversals for DOW 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 DOW price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
DOW Best Fit Change Line
The following chart estimates an ordinary least squares regression model for DOW applied against its price change over selected period. The best fit line has a slop of 59.72 %
which may suggest that DOW market price will keep on failing further. It has 34 observation points and a regression sum of squares at 2910466.39, which is the sum of squared deviations for the predicted DOW price change compared to its average price change.
Most of Macroaxis investors are at this time bullish on DOW. What is your opinion about investing in USA companies? Are you bullish or bearish on DOW?