PT Aneka Tambang Tbk SMA 200
What is the SMA 200 of PT Aneka Tambang Tbk?
The SMA 200 of PT Aneka Tambang Tbk is AUD$1 -4.56%
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 PT Aneka Tambang Tbk
What does PT Aneka Tambang Tbk do?
PT Aneka Tambang Tbk operates as a diversified mining and metals company in Indonesia. The company operates through three segments: Nickel, Precious Metals and Refinery, and Bauxite and Alumina. It is involved in the exploration, excavation, processing, and marketing of alumia, nickel ore, ferronickel, gold, silver, bauxite, and coal. The company also engages in the construction, trading, industry, agriculture, printing, and ground transportation businesses; manufacture and sale of stainless steel; and provision of industrial area management and heavy equipment rental services. It also exports its products. The company was incorporated in 1968 and is headquartered in Jakarta, Indonesia. PT Aneka Tambang Tbk is a subsidiary of PT Indonesia Asahan Aluminium (Persero).
Companies with sma 200 similar to PT Aneka Tambang Tbk
- COSOL has SMA 200 of AUD$1 -5.68%
- American Resources has SMA 200 of $1 -133.74%
- U.S has SMA 200 of $1 -19.49%
- C-Link Squared has SMA 200 of HKD$1 -126.54%
- Akita Drilling has SMA 200 of $1 -17.39%
- Pintec Technology Ltd has SMA 200 of $1 -5.57%
- PT Aneka Tambang Tbk has SMA 200 of AUD$1 -4.56%
- Thor Mining Plc has SMA 200 of GBX1 -31.35%
- Da Ming International has SMA 200 of HKD$1 -49.79%
- American Resources has SMA 200 of $1 -134.57%
- Elanor Investors STAPLED SECURITIES has SMA 200 of AUD$1 -31.61%
- Dajin Lithium has SMA 200 of CAD$1 -44.00%
- Quadrise Fuels International Plc has SMA 200 of GBX1 +30.14%