PT Astra International Tbk SMA 50
What is the SMA 50 of PT Astra International Tbk?
The SMA 50 of PT Astra International Tbk is $6 +6.58%
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 Consumer Discretionary sector on OTC compared to PT Astra International Tbk
What does PT Astra International Tbk do?
PT Astra International Tbk, together with its subsidiaries, operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia. It offers cars, trucks, and motorcycles of various brands; manufactures and sells automotive components to the original equipment for manufacturers and replacement markets, as well as provides consultation services to its customers; financing for cars, motorcycles, and heavy equipment; life, vehicle, and health insurance, as well as other insurance for commercial business; and various banking products and services. The company also distributes heavy equipment for the mining, plantation, construction, forestry, transportation, and material handling industries; provides coal mining contracting services; operates coal mines; and produces crude palm oil. In addition, it is involved in the development and operation of toll roads; rental and leasing of vehicles; resale of used cars; and provision of public transportation services and logistics facilities. Further, the company offers various information technology business solutions based on document, information, and communication technology; and engages in the property investment, development, and management activities. Additionally, it is involved in the foundation; formwork and bekisting; pump services; and mechanical, electrical, and plumbing works, as well as dredging, reclamation, and marine works. The company was founded in 1957 and is headquartered in North Jakarta, Indonesia. PT Astra International Tbk is a subsidiary of Jardine Cycle & Carriage Ltd.
Companies with sma 50 similar to PT Astra International Tbk
- Champion Iron has SMA 50 of AUD$6 -6.84%
- Leverage Sha Etp 2070 has SMA 50 of €6 -1.67%
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- Beter Bed N.V has SMA 50 of €6 +0.00%
- Therapix Biosciences Ltd has SMA 50 of $6 +0.00%
- GVK Power & Infrastructure has SMA 50 of ₨6 +13.74%
- PT Astra International Tbk has SMA 50 of $6 +6.58%
- Highland Opportunities and Income Fund has SMA 50 of $6 +2.46%
- Volt Information Sciences has SMA 50 of $6 +0.00%
- MAX Automation SE has SMA 50 of €6 -2.28%
- Capitol Federal has SMA 50 of $6 -5.35%
- Beter Bed N.V has SMA 50 of €6 +0.00%
- Augros Cosmetic Packaging SA has SMA 50 of €6 -22.45%