|TSI -- Germany Stock|| |
EUR 3.59 0.01 0.28%
Tsingtao Brewery Limited Technical Analysis
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Tsingtao Brewery Limited Trend Analysis
Use this graph to draw trend lines for Tsingtao Brewery Company Limited. You can use it to identify possible trend reversals for Tsingtao Brewery 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 Tsingtao Brewery price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Tsingtao Brewery Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tsingtao Brewery Company Limited applied against its price change over selected period. The best fit line has a slop of 0.07 %
which may suggest that Tsingtao Brewery Company Limited market price will keep on failing further. It has 34 observation points and a regression sum of squares at 4.04, which is the sum of squared deviations for the predicted Tsingtao Brewery price change compared to its average price change.