Dromeas Office Furniture Industry (ATH:DROME) 50-Day SMA: €0.31 (As of Jul. 04, 2026)


What is Dromeas Office Furniture Industry 50-Day SMA?

Dromeas Office Furniture Industry ATH:DROME -0.31% 50-Day SMA is €0.31 as of Jul. 04, 2026.

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 (2026-07-04), Dromeas Office Furniture Industry's 50-Day SMA is €0.31. It's 20-Day SMA is €0.31 and 200-Day SMA is €0.34.

Dromeas Office Furniture Industry  (ATH:DROME) 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.

Dromeas Office Furniture Industry 50-Day SMA Related Terms

Dromeas Office Furniture Industry 50-Day SMA Competitor Comparison

For the Furnishings, Fixtures & Appliances subindustry, Dromeas Office Furniture Industry'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.

Dromeas Office Furniture Industry 50-Day SMA vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dromeas Office Furniture Industry's 50-Day SMA distribution charts can be found below:

* The bar in red indicates where Dromeas Office Furniture Industry's 50-Day SMA falls into.


Dromeas Office Furniture Industry  (ATH:DROME) 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.

Frequently Asked Questions Learn more about 50-Day SMA →
What does a 50-Day SMA of €0.31 mean?
Dromeas Office Furniture Industry (ATH:DROME) has a 50-Day SMA of €0.31 as of Jul. 04, 2026. Simple Moving Average (SMA) is the arithmetic average of stock price over a period. View historical data on Dromeas Office Furniture Industry and its competitors.
Is Dromeas Office Furniture Industry's 50-Day SMA too high?
Dromeas Office Furniture Industry's current 50-Day SMA is €0.31.
How does Dromeas Office Furniture Industry's 50-Day SMA compare to competitors?
Dromeas Office Furniture Industry's 50-Day SMA of €0.31 can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 50-Day SMA for a Furnishings, Fixtures & Appliances company?
A good 50-Day SMA depends on the Furnishings, Fixtures & Appliances industry context. However, 50-Day SMA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 50-Day SMA mean?
A high 50-Day SMA can signal that a stock is expensive relative to its fundamentals. Simple Moving Average (SMA) is the arithmetic average of stock price over a period. View historical data on Dromeas Office Furniture Industry and its competitors. Dromeas Office Furniture Industry's current 50-Day SMA is €0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dromeas Office Furniture Industry stock overvalued right now?
Dromeas Office Furniture Industry (ATH:DROME) has a current 50-Day SMA of €0.31. The current 50-Day SMA is €0.31. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 50-Day SMA calculated?
50-Day SMA is calculated from a company's financial statements. For Dromeas Office Furniture Industry (ATH:DROME), the current 50-Day SMA is €0.31 as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Dromeas Office Furniture Industry Business Description

Address Serres Industrial Estate, Factory-Showroom, Serres, GRC, 62121
Dromeas SA Office Furniture Industry is engaged in construction, trading and supply of furniture for offices & educational institutions. The company's products and solutions include Seating, Desking, Pedelstals, Bookcases, Sliding Tracked Storage System, Space Dividers - Accessories, Sound Absorbing Partitions and Storage & Space Division.