LogMeIn SMA 50
What is the SMA 50 of LogMeIn?
The SMA 50 of LogMeIn, Inc. is €72 -24.03%
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 Miscellaneous sector on XETRA compared to LogMeIn
Companies with sma 50 similar to LogMeIn
- Rank Plc has SMA 50 of GBX72 +10.03%
- Les Hotels Baverez S.A has SMA 50 of €72 +2.49%
- Sabre Corp 6.50% Mandatory Con has SMA 50 of $72 -0.39%
- Henkel AG & Co. KGaA has SMA 50 of €72 +1.83%
- Rémy Cointreau SA has SMA 50 of €72 -10.88%
- Aban Offshore has SMA 50 of ₨72 +5.52%
- LogMeIn has SMA 50 of €72 -24.03%
- Mahanagar Telephone Nigam has SMA 50 of ₨72 -27.43%
- Knorr-Bremse Aktiengesellschaft has SMA 50 of €72 +3.45%
- Acadia Healthcare Inc has SMA 50 of $72 +6.49%
- GP Petroleums has SMA 50 of ₨72 +17.85%
- Xilinx has SMA 50 of $72 +63.45%
- CRCAM Alpes Provence has SMA 50 of €72 +3.63%