Macroaxis technical analysis interface makes it possible for you to check existing technical drivers
as well as the relationship between them. In other words you can use this information to find out if the index will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers
for Shanghai which can be compared to its competition. Please validate Shanghai Semi Deviation
, Coefficient Of Variation
and the relationship
between Mean Deviation
and Downside Deviation
to decide if Shanghai is priced more or less accurately providing market reflects its prevalent price of 0.0 per share.
Shanghai Trend Analysis
Use this graph to draw trend lines for Shanghai. You can use it to identify possible trend reversals for Shanghai 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 Shanghai price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Shanghai Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Shanghai 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 Shanghai price change compared to its average price change.