|Horizon||30 Days Login to change|
BNY Mellon SP Technical Analysis
BNY Mellon SP Trend AnalysisUse this graph to draw trend lines for BNY Mellon SP 500 Idx Tracker A USD. You can use it to identify possible trend reversals for BNY Mellon 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 BNY Mellon price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
BNY Mellon Best Fit Change LineThe following chart estimates an ordinary least squares regression model for BNY Mellon SP 500 Idx Tracker A USD applied against its price change over selected period. The best fit line has a slop of 0.01049 % which means BNY Mellon SP 500 Idx Tracker A USD will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted BNY Mellon price change compared to its average price change.