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Linear Regression Trendline

11/11/2009 by admin

A Linear Regression Trendline is a straight line drawn through a chart of a security's prices using the least squares method, and it is used to forecast future trends. A Linear Regression trendline uses the least squares method to plot a straight line through prices so as to minimize the distances between the prices and the resulting trendline.A Linear Regression trendline is … [Read more...]

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