Theratechnologies SMA 50
What is the SMA 50 of Theratechnologies?
The SMA 50 of Theratechnologies, Inc. is CAD$2 -14.80%
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 Health Care sector on TSX compared to Theratechnologies
What does Theratechnologies do?
Theratechnologies Inc., a biopharmaceutical company, focuses on the development and commercialization of various therapies to address the unmet medical needs in the United States, Canada, and Europe. The company offers EGRIFTA and EGRIFTA SV, for the reduction of excess abdominal fat in human immunodeficiency virus (HIV)-infected patients with lipodystrophy; and Trogarzo, an injection refers to ibalizumab for the treatment of multidrug resistant HIV-1 infected patients. Its pipeline products include F8 Formulation for the treatment of lipodystrophy in people living with HIV; TH-1902 for the treatment of triple negative breast cancer; and TH-1904 for the treatment of ovarian cancer. The company was incorporated in 1993 and is headquartered in Montreal, Canada.
Companies with sma 50 similar to Theratechnologies
- Accuray Inc has SMA 50 of $2 +2.86%
- TOT BIOPHARM International has SMA 50 of HKD$2 +0.32%
- Cortexyme Inc has SMA 50 of $2 +1.85%
- Dongguang Chemical has SMA 50 of HKD$2 +0.29%
- WCM Beteiligungs- und Grundbesitz-AG has SMA 50 of €2 +3.69%
- China Green Agriculture Inc has SMA 50 of $2 -19.07%
- Theratechnologies has SMA 50 of CAD$2 -14.80%
- Alstom SA has SMA 50 of $2 -8.35%
- TOT BIOPHARM Intl Co Ltd has SMA 50 of $2 +0.08%
- Mandalay Resources has SMA 50 of $2 +18.36%
- Luzhou Bank Co has SMA 50 of HKD$2 +0.00%
- B Communications has SMA 50 of $2 +12.33%
- WiSA Technologies Inc has SMA 50 of $2 +10.68%