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Madhav Marbles and Technical Analysis
Madhav Marbles and Trend AnalysisUse this graph to draw trend lines for Madhav Marbles and Granites Limited. You can use it to identify possible trend reversals for Madhav Marbles 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 Madhav Marbles price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Madhav Marbles Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Madhav Marbles and Granites Limited applied against its price change over selected period. The best fit line has a slop of 0.42 % which may suggest that Madhav Marbles and Granites Limited market price will keep on failing further. It has 34 observation points and a regression sum of squares at 144.68, which is the sum of squared deviations for the predicted Madhav Marbles price change compared to its average price change.