|NQEMMEA1300N -- USA Index|| |
656.56 38.07 5.48%
NASDAQ EM MEA Trend Analysis
Use this graph to draw trend lines for NASDAQ EM MEA Chemicals NTR Ind. You can use it to identify possible trend reversals for NASDAQ EM 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 EM price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NASDAQ EM Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NASDAQ EM MEA Chemicals NTR Ind applied against its price change over selected period. The best fit line has a slop of 15.7
which may suggest that NASDAQ EM MEA Chemicals NTR Ind market price will keep on failing further. It has 6 observation points and a regression sum of squares at 985.33, which is the sum of squared deviations for the predicted NASDAQ EM price change compared to its average price change.