Aft Pharmaceuticals (AFP.AX)
TRIANGULAR MOVING AVERAGE
Trading: BUY @ $1.975
Signal Strength: STRONG
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.
Aft Pharmaceuticals (ASX:AFP) currently has a confirmed uptrend. Recent trading has caused the TMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 0.0%.
A triangular moving average can be calculated using various input data such as prices volume or another technical indicator.
Calculation: Triangular Moving Average (TMA):
1) SMA: n period sum / n;
2) TMA = (n SMA period sum) / N;
PROFILE: Aft Pharmaceuticals (AFP.AX)
Stock Exchange: ASX
Company: Aft Pharmaceuticals
Ticker Codes: | AFP.AX | ASX:AFP |
AFT Pharmaceuticals Limited develops, licenses, distributes, and sells pharmaceutical products in Australia, New Zealand, Southeast Asia, and internationally. It offers approximately 130 prescription and non-prescription products for use in the areas of allergy, cough, cold and flu, eye care, first aid, fungal, pain management, and skin care, as well as iron and other supplements, and laxatives. The company offers its products under the Crystaderm, MAXIGESIC, coco-scalp, and Maxiclear brands. AFT Pharmaceuticals Limited was incorporated in 1997 and is based in Auckland, New Zealand.
Triangular Moving AverageDownload
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