|DJI -- USA Index|| |
25,886 306.62 1.20%
As of 18 of August DOW shows Mean Deviation
of 0.6064. Macroaxis technical analysis interface provides you with the way to check practical technical drivers
as well as the relationship between them. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices
and volume momentum or the prices will eventually revert. We found nineteen technical drivers
for DOW which can be compared to its rivals. Please confirm DOW Standard Deviation
as well as the relationship
between Maximum Drawdown
and Expected Short fall
to decide if DOW is priced fairly providing market reflects its regular price of 25886.01 per share.
DOW Trend Analysis
Use this graph to draw trend lines for DOW. You can use it to identify possible trend reversals for DOW 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 DOW price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
DOW Best Fit Change Line
The following chart estimates an ordinary least squares regression model for DOW applied against its price change over selected period. The best fit line has a slop of 26.93 %
which may suggest that DOW market price will keep on failing further. It has 78 observation points and a regression sum of squares at 7164987.18, which is the sum of squared deviations for the predicted DOW price change compared to its average price change.