Zambeef Products Plc SMA 200
What is the SMA 200 of Zambeef Products Plc?
The SMA 200 of Zambeef Products Plc is GBX6 +1.61%
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 Consumer Staples sector on LSE compared to Zambeef Products Plc
What does Zambeef Products Plc do?
Zambeef Products PLC, together with its subsidiaries, engages in the agri-businesses in Zambia, West Africa, and internationally. The company engages in the production, processing, distribution, and retailing of beef, chicken, pork, milk, dairy products, eggs, edible oils, stock feed, and flour. It is also involved in the row cropping operations primarily maize, soya beans, and wheat with approximately 7,971 hectares of row crops under irrigation and 8,623 hectares of rain-fed/dry-land crops. In addition, the company engages in the palm tree plantation activities. The company operates 238 retail outlets directly to end-consumers. Further, it operates transport and trucking fleets; and produces, processes, and sells leather, shoes, and meat products, as well as engages in the chicken breeding business. The company was incorporated in 1994 and is headquartered in Lusaka, Zambia.
Companies with sma 200 similar to Zambeef Products Plc
- Glencore Plc has SMA 200 of $6 -18.63%
- Worldline S.A has SMA 200 of $6 -26.22%
- Conversion Labs has SMA 200 of $6 +0.00%
- Propel Funeral Partners has SMA 200 of AUD$6 +4.69%
- Passat SA has SMA 200 of €6 -20.28%
- China Railway Signal & Communication has SMA 200 of ¥6 -15.91%
- Zambeef Products Plc has SMA 200 of GBX6 +1.61%
- Serve Robotics Inc has SMA 200 of $6 +18.35%
- Leverage Sha Etp 2070 has SMA 200 of €6 +6.83%
- Knight Therapeutics has SMA 200 of CAD$6 +5.48%
- Harbour Centre Development has SMA 200 of HKD$6 -14.50%
- Meridian has SMA 200 of AUD$6 +0.01%
- QIWI plc has SMA 200 of $6 +0.00%