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Paz Oil Technical Analysis
Paz Oil Trend AnalysisUse this graph to draw trend lines for Paz Oil Company Ltd. You can use it to identify possible trend reversals for Paz 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 Paz Oil price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Paz Oil Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Paz Oil Company Ltd applied against its price change over selected period. The best fit line has a slop of 148.06 % which may suggest that Paz Oil Company Ltd market price will keep on failing further. It has 34 observation points and a regression sum of squares at 1.788905931E7, which is the sum of squared deviations for the predicted Paz Oil price change compared to its average price change.