Sign in Sign up for free

Chamberlin plc SMA 50

What is the SMA 50 of Chamberlin plc?

The SMA 50 of Chamberlin plc is GBX0 +99.15%

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 Industrials sector on LSE compared to Chamberlin plc

What does Chamberlin plc do?

Chamberlin plc, together with its subsidiaries, manufactures and sells iron castings and engineered products in the United Kingdom. It operates through two segments, Foundries and Engineering. The Foundries segment supplies light castings and components primarily for automotive and hydraulic industries; and heavy castings for use in industrial applications, such as power generation, steel production, railways, and construction. The Engineering segment manufactures and sells lighting products for use in hazardous areas, including petrochemical production facilities; and a range of control gears and electrical installation products. Chamberlin plc also exports its products to Europe, the United States, the Middle East, and Asia. The company was formerly known as Chamberlin & Hill and changed its name to Chamberlin plc in 2007. Chamberlin plc was founded in 1890 and is headquartered in Walsall, the United Kingdom.

Companies with sma 50 similar to Chamberlin plc