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ProFunds Oil Equipment Technical Analysis
ProFunds Oil Equipment Trend AnalysisUse this graph to draw trend lines for ProFunds Oil Equipment Svc Dist Svc. You can use it to identify possible trend reversals for ProFunds Oil 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 ProFunds Oil price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
ProFunds Oil Best Fit Change LineThe following chart estimates an ordinary least squares regression model for ProFunds Oil Equipment Svc Dist Svc applied against its price change over selected period. The best fit line has a slop of 0.07 % which may suggest that ProFunds Oil Equipment Svc Dist Svc market price will keep on failing further. It has 34 observation points and a regression sum of squares at 3.92, which is the sum of squared deviations for the predicted ProFunds Oil price change compared to its average price change.