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PowerShares Global Gold Technical Analysis
PowerShares Global Gold Trend AnalysisUse this graph to draw trend lines for PowerShares Global Gold Prec Mtls ETF. You can use it to identify possible trend reversals for PowerShares Global 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 Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
PowerShares Global Best Fit Change LineThe following chart estimates an ordinary least squares regression model for PowerShares Global Gold Prec Mtls ETF applied against its price change over selected period. The best fit line has a slop of 0.06 % which means PowerShares Global Gold Prec Mtls ETF will continue generating value for investors. It has 34 observation points and a regression sum of squares at 2.71, which is the sum of squared deviations for the predicted PowerShares Global price change compared to its average price change.