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Vedanta Resources plc Technical Analysis
Vedanta Resources plc Trend AnalysisUse this graph to draw trend lines for Vedanta Resources plc. You can use it to identify possible trend reversals for Vedanta Resources 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 Vedanta Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Vedanta Resources Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Vedanta Resources plc applied against its price change over selected period. The best fit line has a slop of 0.00073482 % which means Vedanta Resources plc will continue generating value for investors. It has 78 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Vedanta Resources price change compared to its average price change.