Air China SMA 50
What is the SMA 50 of Air China?
The SMA 50 of Air China Ltd. is $9 -11.99%
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 Industrials sector on OTC compared to Air China
What does Air China do?
Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, Europe, North America, Japan, Korea, the Asia Pacific, and internationally. The company operates through Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services. The company is also involved in the import and export trading activities; and provision of cabin, airline catering, air ticketing, human resources, aircraft overhaul and maintenance, and financial services. As of December 31, 2020, it owned and operated 707 aircrafts to 1300 destinations in 195 countries. The company was founded in 1988 and is based in Beijing, the People's Republic of China. Air China Limited is a subsidiary of China National Aviation Holding Corporation Limited.
Companies with sma 50 similar to Air China
- Pharmaron Beijing Co has SMA 50 of HKD$9 +2.87%
- Capstone Mining has SMA 50 of CAD$9 -6.76%
- Red Eléctrica SA has SMA 50 of $9 +5.65%
- Scholar Rock Corp has SMA 50 of $9 -4.25%
- Usha Martin Education & Solutions has SMA 50 of ₨9 -32.15%
- Vitru Ltd has SMA 50 of $9 +0.00%
- Air China has SMA 50 of $9 -11.99%
- Dundee Precious Metals has SMA 50 of $9 +5.39%
- Reinvent Technology Partners has SMA 50 of $9 +9.52%
- Inovio Pharmaceuticals has SMA 50 of $9 -39.37%
- Therapix Biosciences has SMA 50 of $9 -50.58%
- Jia Yuan Technology has SMA 50 of ¥9 -4.44%
- CTI BioPharma Corp has SMA 50 of $9 +0.00%