Max Services SMA 50
What is the SMA 50 of Max Services?
The SMA 50 of Max Financial Services Limited is ₨1,065 +7.19%
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 Max Services
What does Max Services do?
Max Financial Services Limited, through its subsidiary, Max Life Insurance Company Limited, provides life insurance products in India. The company offers a range of participating, non-participating, and linked products covering life insurance, pension, and health benefits, including riders for individual and group segments. Its products are distributed through individual and corporate agents, banks, brokers, and other channels. The company also engages in the treasury investment activities. The company was formerly known as Max India Limited and changed its name to Max Financial Services Limited in January 2016. Max Financial Services Limited was incorporated in 1988 and is based in Noida, India.
Companies with sma 50 similar to Max Services
- Allsec Technologies has SMA 50 of ₨1,055 +7.68%
- Kaveri Seed has SMA 50 of ₨1,060 +6.97%
- Godawari Power & Ispat has SMA 50 of ₨1,061 -16.20%
- Victrex Plc has SMA 50 of GBX1,062 -12.18%
- Future Plc has SMA 50 of GBX1,064 -1.18%
- CFM Indosuez Wealth Management SA has SMA 50 of €1,065 +3.18%
- Max Services has SMA 50 of ₨1,065 +7.19%
- Allsec Technologies has SMA 50 of ₨1,066 +5.54%
- Tata Chemicals has SMA 50 of ₨1,066 -2.17%
- Kaveri Seed has SMA 50 of ₨1,070 +6.36%
- Kainos Plc has SMA 50 of GBX1,074 -25.17%
- Tata Motors has SMA 50 of ₨1,074 -9.18%
- Renew plc has SMA 50 of GBX1,078 -0.39%