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Diamond Offshore Dri Technical Analysis
Diamond Offshore Dri Trend AnalysisUse this graph to draw trend lines for Diamond Offshore Drilling. You can use it to identify possible trend reversals for Diamond Offshore 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 Diamond Offshore price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Diamond Offshore Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Diamond Offshore Drilling applied against its price change over selected period. The best fit line has a slop of 0.08 % which may indicate that the price for Diamond Offshore Drilling will continue to decline. It has 34 observation points and a regression sum of squares at 4.92, which is the sum of squared deviations for the predicted Diamond Offshore price change compared to its average price change.