Majesco SMA 50
What is the SMA 50 of Majesco?
The SMA 50 of Majesco Limited is ₨166 -89.41%
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 Technology sector on NSE compared to Majesco
What does Majesco do?
Majesco Limited, together with its subsidiaries, provides cloud-based software solutions for the insurance industry in North America, Europe, and internationally. The company offers Property & Casualty Core Suite that provides core system capabilities, including policy, billing, and claims for property and casualty personal, commercial, workers' compensation, and specialty insurance; and L&A and Group Core Suite insurance software for individual, group, and voluntary benefits insurance. It also provides LifePlus Solutions for individual life, pensions, and wealth management; insurance distribution management software; Data and Analytics Platform, a business intelligence and analytics tool for claims, underwriting, policy, and billing functions; and Digital Insurance platform, a digital and micro-services based cloud-only platform solution. Majesco Limited offers software solutions for property, casualty and life, and annuity providers. In addition, it provides cloud implementation, cloud subscription, professional, and support and maintenance services. The company was formerly known as Minefields Computers Limited and changed its name to Majesco Limited in June 2015. Majesco Limited was incorporated in 2013 and is based in Navi Mumbai, India.
Companies with sma 50 similar to Majesco
- e.l.f. Beauty Inc has SMA 50 of $166 -45.40%
- Marsh & McLennan Companies has SMA 50 of €166 -0.43%
- EPE Special Opportunities has SMA 50 of GBX166 -4.69%
- Federal Agricultural Mortgage has SMA 50 of $166 -14.28%
- Greaves Cotton has SMA 50 of ₨166 +6.46%
- Artson Engineering has SMA 50 of ₨166 +14.73%
- Majesco has SMA 50 of ₨166 -89.41%
- M & T Bank Corp has SMA 50 of $166 -0.26%
- Ninety One PLC has SMA 50 of GBX167 -3.42%
- Mukand has SMA 50 of ₨167 -9.24%
- Panacea Biotec has SMA 50 of ₨167 +45.54%
- Zoetis Cl.A Dl ,01 has SMA 50 of €167 +3.30%
- Alphabet Inc has SMA 50 of $167 -10.31%