Macroaxis technical analysis interface lets you check existing technical drivers
as well as the relationship between them. Strictly speaking you can use this information to find out if the organization will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers
for Nasdaq which can be compared to its peers in the industry. Please verify Nasdaq Downside Deviation
and the relationship
between Information Ratio
and Expected Short fall
to decide if Nasdaq is priced some-what accurately providing market reflects its recent price of 0.0 per share.
Nasdaq Trend Analysis
Use this graph to draw trend lines for Nasdaq. You can use it to identify possible trend reversals for Nasdaq 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 Nasdaq price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Nasdaq Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nasdaq applied against its price change over selected period. The best fit line has a slop of ? %
. It has 0 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Nasdaq price change compared to its average price change.