Moving averages are one of the core indicators in technical analysis. A Simple Moving Average (SMA) is simply the arithmetic average of stock price over a period. It is calculated by adding a selected range of prices, usually closing prices, and then dividing that figure by the number of time periods in that range.
The 50-Day SMA calculates the average price over 50 days. And the 20-Day SMA and 200-Day SMA calculates the average price over 20 days and 200 days separately.
As of today (2024-06-08), PartnerTech AB's 50-Day SMA is £N/A. It's 20-Day SMA is £N/A and 200-Day SMA is £N/A.
Competitive Comparison of PartnerTech AB's 50-Day SMA
For the Electronic Components subindustry, PartnerTech AB's 50-Day SMA, along with its competitors' market caps and 50-Day SMA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PartnerTech AB's 50-Day SMA Distribution in the Hardware Industry
For the Hardware industry and Technology sector, PartnerTech AB's 50-Day SMA distribution charts can be found below:
* The bar in red indicates where PartnerTech AB's 50-Day SMA falls into.
PartnerTech AB (LTS:0GUE) 50-Day SMA Calculation
The formula for calculating SMA is:
SMA
=
( P1 + P2 + ... + Pn )
/
n
where:
Pn is the price of the stock at period n.
n is the total number of periods.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PartnerTech AB (LTS:0GUE) 50-Day SMA Explanation
Simple Moving Average (SMA) is the arithmetic average of stock price over a period. The 20-Day SMA calculates the average price over 20 days. And the 50-Day SMA and 200-Day SMA calculates the average price over 50 days and 200 days separately. SMAs are often used to determine the price trend direction. A 200-Day SMA is usually a proxy for the long-term trend, while shorter periods indicate short-term trend.
SMA are commonly compared with stock price or different period SMAs to indicate a trading signal. Generally speaking, if the price goes above the SMA, or a short-term SMA crosses above a long-term SMA, an uptrend is expected, investors may want to go long or cover short. Conversely, if the price goes below the SMA, or the short-term SMA crosses below a long-term SMA, a downtrend is expected, investors may want to go short or exit long.
Two popular trading patterns that use SMA include the death cross and a golden cross. A death cross occurs when the 50-day SMA crosses below the 200-day SMA. This is considered a bearish signal, that further losses are in store. The golden cross is a bullish signal which occurs when a short-term SMA crosses above a long-term SMA.
PartnerTech AB 50-Day SMA Related Terms
Thank you for viewing the detailed overview of PartnerTech AB's 50-Day SMA provided by GuruFocus.com. Please click on the following links to see related term pages.
PartnerTech AB develops and manufactures products on behalf of businesses in the areas of Defense and Maritime, Industry, Information Technology, MedTech & Instrumentation, CleanTech, and Point of Sale Applications. The Group provides production expertise, which requires management of the entire product life cycle, along with skills in electronics, mechanics, and systems integration. PartnerTech operates in Sweden, Norway, Finland, Poland, the UK, the US, and China. The Group is headquartered in Malmo, Sweden. The many divisions offer similar services including prototype and module design, new product introduction and/or the manufacture of a product, module printed circuit board or mechanical features, integrated assignments starting with a development project, low cost manufacturing, and warehousing, logistics, or spare parts maintenance. The Defense and Maritime division manufactures primary components, as well as products for use by the oil industry. The Industry division involves manufacturing components and products for operator terminals, power & range control units, and similar segments. The Information Technology division offers products such as security cameras, broadband routers, videoconferencing systems, and base station antennas for the technology-driven market. The MedTech Division offers products including blood analysis equipment, allergy testing instruments, and printed circuit boards for various types of medical instruments. The CleanTech division includes both components and complete systems, offering products such as recycling and reverse vending machines, heat pump systems, and weather station equipment. Lastly, the Point of Sales division offers expertise on cash handling systems, card readers for payment, and other similar products.
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