The output start index for this execution was ten with a total number of output elements of fifty-one. The Normalized Average True Range is used to analyze tradable apportunities for Alcoa across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.
Alcoa Trend Analysis
Use this graph to draw trend lines for Alcoa Corporation. You can use it to identify possible trend reversals for Alcoa 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 Alcoa price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Alcoa Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alcoa Corporation applied against its price change over selected period. The best fit line has a slop of 0.01527 which suggests that Alcoa Corporation will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 8.82, which is the sum of squared deviations for the predicted Alcoa price change compared to its average price change.