|WEAT -- UK ETF|| |
USD 0.69 0.014 2.06%
ETFS Commodity Secur Trend Analysis
Use this graph to draw trend lines for ETFS Wheat ETC. You can use it to identify possible trend reversals for ETFS Wheat 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 ETFS Wheat price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
ETFS Wheat Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ETFS Wheat ETC applied against its price change over selected period. The best fit line has a slop of 0.0008 %
which may suggest that ETFS Wheat ETC market price will keep on failing further. It has 34 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted ETFS Wheat price change compared to its average price change.
Macroaxis portfolio users are unemotional in their outlook on investing in ETFS Wheat ETC. What is your opinion about investing in ETFS Wheat ETC? Are you bullish or bearish?