|NQMY7000LMEURT -- USA Index|| |
1,051 2.70 0.26%
NASDAQ Malaysia Util Trend Analysis
Use this graph to draw trend lines for NASDAQ Malaysia Utilities Lg Md. You can use it to identify possible trend reversals for NASDAQ Malaysia 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 Malaysia price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NASDAQ Malaysia Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NASDAQ Malaysia Utilities Lg Md applied against its price change over selected period. The best fit line has a slop of 5.01
which may suggest that NASDAQ Malaysia Utilities Lg Md market price will keep on failing further. It has 6 observation points and a regression sum of squares at 100.2, which is the sum of squared deviations for the predicted NASDAQ Malaysia price change compared to its average price change.