The output start index for this execution was five with a total number of output elements of thirty-four. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of WEX volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
WEX Trend Analysis
Use this graph to draw trend lines for WEX. You can use it to identify possible trend reversals for WEX 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 WEX price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
WEX Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WEX applied against its price change over selected period. The best fit line has a slop of 0.12 % which may imply that WEX will maintain its good market sentiment and make money for investors. It has 78 observation points and a regression sum of squares at 147.95, which is the sum of squared deviations for the predicted WEX price change compared to its average price change.
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