Nalwa Sons Investments SMA 50
What is the SMA 50 of Nalwa Sons Investments?
The SMA 50 of Nalwa Sons Investments Limited is ₨4,334 +4.69%
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 Finance sector on NSE compared to Nalwa Sons Investments
What does Nalwa Sons Investments do?
Nalwa Sons Investments Limited, a non-banking financial company, engages in the investment and financing business in India. The company operates through two segments, Investment & Finance, and Trading of Goods. It primarily holds investments in equity shares of steel manufacturing companies of O.P. Jindal Group. The company was formerly known as Jindal Strips Limited. Nalwa Sons Investments Limited was incorporated in 1970 and is based in New Delhi, India.
Companies with sma 50 similar to Nalwa Sons Investments
- Amber Enterprises India has SMA 50 of ₨4,298 +4.80%
- PI Industries has SMA 50 of ₨4,301 +7.49%
- PI Industries has SMA 50 of ₨4,323 +6.94%
- J.K. Cement has SMA 50 of ₨4,326 +7.48%
- Bank of Georgia Plc has SMA 50 of GBX4,330 -4.98%
- InterGlobe Aviation has SMA 50 of ₨4,331 +13.03%
- Nalwa Sons Investments has SMA 50 of ₨4,334 +4.69%
- KEI Industries has SMA 50 of ₨4,338 +1.45%
- VST Industries has SMA 50 of ₨4,344 -908.25%
- Multi Commodity Exchange of India has SMA 50 of ₨4,344 +17.57%
- Tata Consultancy Services has SMA 50 of ₨4,355 +3.28%
- Bioventix Plc has SMA 50 of GBX4,357 -12.44%
- VST Industries has SMA 50 of ₨4,357 -908.66%