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Teva Pharmaceutical Technical Analysis
Teva Pharmaceutical Trend AnalysisUse this graph to draw trend lines for Teva Pharmaceutical Industries Limited. You can use it to identify possible trend reversals for Teva Pharmaceutical 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 Teva Pharmaceutical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Teva Pharmaceutical Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Teva Pharmaceutical Industries Limited applied against its price change over selected period. The best fit line has a slop of 30.49 % which may suggest that Teva Pharmaceutical Industries Limited market price will keep on failing further. It has 34 observation points and a regression sum of squares at 758596.08, which is the sum of squared deviations for the predicted Teva Pharmaceutical price change compared to its average price change.