Arcos Dorados Inc SMA 50
What is the SMA 50 of Arcos Dorados Inc?
The SMA 50 of Arcos Dorados Holdings Inc is $9 -13.89%
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 NYSE compared to Arcos Dorados Inc
What does Arcos Dorados Inc do?
Arcos Dorados Holdings Inc. is a company that owns the master franchise of the fast food restaurant chain McDonald’s in 20 countries within Latin America and the Caribbean. As of December 31, 2010, it represented 6.7% of McDonald's franchised restaurants globally.
Companies with sma 50 similar to Arcos Dorados Inc
- Sage Therapeutics Inc has SMA 50 of $9 -25.08%
- Total Services has SMA 50 of CAD$9 -4.10%
- Northern Star Resources has SMA 50 of $9 +1.28%
- Bridgetown has SMA 50 of $9 -52.77%
- Vodafone Plc has SMA 50 of $9 +5.88%
- Cogent Biosciences has SMA 50 of $9 +12.37%
- Arcos Dorados Inc has SMA 50 of $9 -13.89%
- Standard Chartered Plc has SMA 50 of $9 +3.24%
- Dierig AG has SMA 50 of €9 +0.15%
- Cascades has SMA 50 of CAD$9 -2.05%
- Centerra Gold has SMA 50 of CAD$9 -4.33%
- Sietel has SMA 50 of AUD$9 +1.16%
- Renault SA has SMA 50 of $9 -10.88%