Iron Road SMA 200
What is the SMA 200 of Iron Road?
The SMA 200 of Iron Road Limited is $0 -9.37%
What is the definition of SMA 200?
SMA 200 is an average stock price from the last 200 days calculated as an unweighted mean of the previous 200 stock closing prices.
Simple moving average of 200 days for a stock is an unweighted moving average over the past 200 days. Moving averages will always exhibit a lag and the longer the period used for averaging the greater the lag will be. Because of the large amounts of data considered when calculating a long-term moving average, it takes a considerable amount of movement in the market to cause the moving average to change its course.
Using a moving average to confirm a trend in price is one of the most basic, yet effecting ways of using the indicator. Moving averages take into account what has already happened and a whole range of past events, which makes them such a good technical analysis tool for trend confirmations. Generally, a long-term moving average that is clearly on the upswing is a confirmation of a bullish trend. Conversely, a long-term moving average that is clearly on the downswing is a confirmation of a bearish trend.
SMA 200 of companies in the Materials sector on ASX compared to Iron Road
What does Iron Road do?
Iron Road Limited explores for and evaluates iron ore properties in Australia. It owns 100% interest in the Central Eyre iron project located on the Eyre Peninsula of South Australia; and 90% interest in the Gawler iron project located in South Australia. The company was incorporated in 2007 and is based in Adelaide, Australia. Iron Road Limited is a subsidiary of Sentient Executive GP IV, Limited.
Companies with sma 200 similar to Iron Road
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- KKO International SA has SMA 200 of €0 -22.97%
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- Imugene has SMA 200 of AUD$0 -47.63%
- MKB Nedsense NV has SMA 200 of €0 -15.84%
- Iron Road has SMA 200 of $0 -9.37%
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- Macarthur Minerals has SMA 200 of CAD$0 -16.40%
- Canyon Resources has SMA 200 of AUD$0 +8.75%
- Magnificent Hotel Investments has SMA 200 of HKD$0 -22.33%
- Freeman Gold has SMA 200 of $0 -51.70%