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Elbit Medical Techno Technical Analysis
Elbit Medical Techno Trend AnalysisUse this graph to draw trend lines for Elbit Medical Technologies Ltd. You can use it to identify possible trend reversals for Elbit Medical 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 Elbit Medical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Elbit Medical Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Elbit Medical Technologies Ltd applied against its price change over selected period. The best fit line has a slop of 0.21 % which means Elbit Medical Technologies Ltd will continue generating value for investors. It has 34 observation points and a regression sum of squares at 35.58, which is the sum of squared deviations for the predicted Elbit Medical price change compared to its average price change.