|CHK -- Germany Stock|| |
EUR 2.98 0.18 5.70%
China Resources Beer Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
China Resources Beer Trend Analysis
Use this graph to draw trend lines for China Resources Beer Company Limited. You can use it to identify possible trend reversals for China Resources 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 China Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
China Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for China Resources Beer Company Limited applied against its price change over selected period. The best fit line has a slop of 0.0068 %
which may suggest that China Resources Beer Company Limited market price will keep on failing further. It has 78 observation points and a regression sum of squares at 0.45, which is the sum of squared deviations for the predicted China Resources price change compared to its average price change.