Eicher Motors SMA 50
What is the SMA 50 of Eicher Motors?
The SMA 50 of Eicher Motors Limited is ₨4,849 +0.53%
What is the definition of SMA 50?
SMA 50 is an average stock price from the last 50 days calculated as an unweighted mean of the previous 50 stock closing prices.
Simple moving average of 50 days for a stock is an unweighted moving average over the past 50 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 50 of companies in the Consumer Discretionary sector on BSE compared to Eicher Motors
What does Eicher Motors do?
Eicher Motors Limited manufactures and sells motorcycles and commercial vehicles in India and internationally. The company owns the Royal Enfield motorcycle brand that offers Classic, Bullet, Himalayan, Interceptor INT 650, Continental GT 650, and Thunderbird models. It designs, develops, manufactures, assembles, and sells two-wheelers, as well as sells related parts and accessories. The company, through its joint venture, Volvo Eicher Commercial Vehicles Limited, manufactures and sells light and medium duty trucks, heavy duty trucks, and buses under the Eicher brand; Volvo trucks; and engineering components and aggregates. Eicher Motors Limited was founded in 1948 and is based in Gurugram, India.
Companies with sma 50 similar to Eicher Motors
- Hindustan Aeronautics has SMA 50 of ₨4,781 -3.17%
- Foseco India has SMA 50 of ₨4,782 -2.10%
- GraniteShares 3x Long AstraZeneca Daily ETC has SMA 50 of GBX4,787 -13.17%
- Intertek Plc has SMA 50 of GBX4,789 +4.07%
- Divi's Laboratories has SMA 50 of ₨4,805 +12.13%
- Bharat Bijlee has SMA 50 of ₨4,827 +4.42%
- Eicher Motors has SMA 50 of ₨4,849 +0.53%
- Kovai Medical Center and Hospital has SMA 50 of ₨4,852 +14.09%
- Eicher Motors has SMA 50 of ₨4,855 +0.05%
- Rio Tinto has SMA 50 of GBX4,890 -3.31%
- Hotel Majestic Cannes has SMA 50 of €4,975 +8.72%
- Avenue Supermarts has SMA 50 of ₨5,004 +4.46%
- Avenue Supermarts has SMA 50 of ₨5,005 +4.42%