Peak Resources SMA 200
What is the SMA 200 of Peak Resources?
The SMA 200 of Peak Resources Limited is $0 -6.42%
What is the definition of SMA 200?
SMA 200 is an average stock price from the last 200 days calculated as an unweighted mean of the previous 200 stock closing prices.
Simple moving average of 200 days for a stock is an unweighted moving average over the past 200 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 200 of companies in the Materials sector on ASX compared to Peak Resources
What does Peak Resources do?
Peak Rare Earths Limited engages in the exploration and evaluation of mineral licenses in Tanzania. The company explores for neodymium and praseodymium rare earth mixed oxides. It holds a 100% interest in the Ngualla Rare Earth project located in southern Tanzania. The company was formerly known as Peak Resources Limited and changed its name to Peak Rare Earths Limited in December 2021. Peak Rare Earths Limited was incorporated in 2005 and is based in Perth, Australia.
Companies with sma 200 similar to Peak Resources
- Motus GI Inc has SMA 200 of $0 -582.23%
- Prime has SMA 200 of AUD$0 -5.88%
- Mastermyne has SMA 200 of AUD$0 -14.51%
- Cash Converters International has SMA 200 of $0 +1.23%
- Food Wise has SMA 200 of HKD$0 +39.29%
- Future Bright has SMA 200 of HKD$0 -49.85%
- Peak Resources has SMA 200 of $0 -6.42%
- Vital Mobile has SMA 200 of HKD$0 -41.90%
- Element 29 Resources has SMA 200 of CAD$0 +22.55%
- Wing Lee Property Investments has SMA 200 of HKD$0 -41.18%
- GLG Corp Ltd has SMA 200 of AUD$0 -6.69%
- Action has SMA 200 of AUD$0 +37.20%
- Outcrop Gold has SMA 200 of $0 +18.88%