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PowerShares FTSE RAFI Technical Analysis
PowerShares FTSE RAFI Trend AnalysisUse this graph to draw trend lines for PowerShares FTSE RAFI US 1000 ETF. You can use it to identify possible trend reversals for PowerShares FTSE 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 PowerShares FTSE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
PowerShares FTSE Best Fit Change LineThe following chart estimates an ordinary least squares regression model for PowerShares FTSE RAFI US 1000 ETF applied against its price change over selected period. The best fit line has a slop of 0.49 % which may imply that the returns on investment in PowerShares FTSE RAFI US 1000 ETF will continue to fail. It has 34 observation points and a regression sum of squares at 198.81, which is the sum of squared deviations for the predicted PowerShares FTSE price change compared to its average price change.