Beyond Meat SMA 50
What is the SMA 50 of Beyond Meat?
The SMA 50 of Beyond Meat Inc. is €6 +0.38%
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 Staples sector on XETRA compared to Beyond Meat
Companies with sma 50 similar to Beyond Meat
- Mobile Telesystems PJSC has SMA 50 of $6 +0.00%
- Converge Technology Solutions has SMA 50 of CAD$6 +14.73%
- Parabolic Drugs has SMA 50 of ₨6 +65.26%
- Coeur Mining has SMA 50 of €6 -9.82%
- Mosaic Capital has SMA 50 of CAD$6 +0.00%
- Mannkind Corp has SMA 50 of $6 +10.16%
- Beyond Meat has SMA 50 of €6 +0.38%
- Unex has SMA 50 of $6 +0.00%
- K92 Mining has SMA 50 of $6 +0.23%
- China Gold International Resources has SMA 50 of $6 -43.57%
- ContextLogic Inc has SMA 50 of $6 -3.05%
- Champion Iron has SMA 50 of $6 +97.97%
- Grupo México S.A.B. de C.V has SMA 50 of $6 -8.17%