Nexway AG SMA 50
What is the SMA 50 of Nexway AG?
The SMA 50 of Nexway AG is €17 -1,411.11%
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 Technology sector on XETRA compared to Nexway AG
What does Nexway AG do?
asknet Solutions AG, together with its subsidiaries, provides e-commerce solutions to software, video games, services, and retail companies to run their online sales worldwide. It develops and operates online shops for the manufacturers of digital and physical products. The company also provides a range of software solutions and services relating to the procurement, distribution, and management of software and hardware for customers in the research and education sectors; and solutions for monetizing digital business models and connecting companies to the global e-commerce market. In addition, it distributes a range of software solutions for students through its studyhouse.de platform. The company was formerly known as Nexway AG and changed its name to asknet Solutions AG in August 2020. The company was founded in 1995 and is headquartered in Karlsruhe, Germany. As of September 16, 2019, asknet Solutions AG operates as subsidiary of Facebank AG.
Companies with sma 50 similar to Nexway AG
- Mylan NV has SMA 50 of $17 -7.10%
- MCAN Mortgage has SMA 50 of CAD$17 +5.00%
- Teekay LNG Partners LP has SMA 50 of $17 -0.06%
- Wendy`s Co has SMA 50 of $17 -0.96%
- Host Hotels & Resorts Inc has SMA 50 of $17 -1.04%
- First National (Strasburg, VA) has SMA 50 of $17 +0.30%
- Nexway AG has SMA 50 of €17 -1,411.11%
- First National has SMA 50 of $17 -0.25%
- First National has SMA 50 of $17 +0.28%
- Carlyle Secured Lending Inc has SMA 50 of $17 -1.51%
- First National has SMA 50 of $17 +0.27%
- Power Metal Resources plc has SMA 50 of GBX17 -9.89%
- MainStreet Bancshares has SMA 50 of $17 -0.16%