|ELLO -- Israel Stock|| |
ILS 2,971 26.00 0.87%
Ellomay Capital Technical Analysis
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Ellomay Capital Trend Analysis
Use this graph to draw trend lines for Ellomay Capital Ltd. You can use it to identify possible trend reversals for Ellomay Capital 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 Ellomay Capital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Ellomay Capital Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ellomay Capital Ltd applied against its price change over selected period. The best fit line has a slop of 25.97 %
which may suggest that Ellomay Capital Ltd market price will keep on failing further. It has 34 observation points and a regression sum of squares at 550472.59, which is the sum of squared deviations for the predicted Ellomay Capital price change compared to its average price change.