|RIMO -- Israel Stock|| |
ILS 6,026 0.00 0.00%
Rimoni Industries Technical Analysis
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Rimoni Industries Trend Analysis
Use this graph to draw trend lines for Rimoni Industries Ltd. You can use it to identify possible trend reversals for Rimoni Industries 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 Rimoni Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Rimoni Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Rimoni Industries Ltd applied against its price change over selected period. The best fit line has a slop of 6.14 %
which may suggest that Rimoni Industries Ltd market price will keep on failing further. It has 34 observation points and a regression sum of squares at 30735.37, which is the sum of squared deviations for the predicted Rimoni Industries price change compared to its average price change.