Moving Average Envelopes are percentage-based envelopes set above and below a moving average. The moving average which forms the base for this indicator can be a simple or exponential moving average. Each envelope is then set the same percentage above or below the moving average. This creates parallel bands that follow price action. With a moving average as the base Moving Average Envelopes can be used as a trend following indicator.
Calculation: Moving Average Envelope:
1) Upper Envelope: 20-day SMA + (20-day SMA x .025);
2) Lower Envelope: 20-day SMA - (20-day SMA x .025);
PROFILE: Alkane Exploration (ALK.AX)
Stock Exchange: ASX
Company: Alkane Exploration
Ticker Codes: | ALK.AX | ASX:ALK |
Alkane Resources Limited operates as a multi-commodity mining and exploration company in the Central West of New South Wales in eastern Australia. It explores for gold, copper, zirconium, hafnium, niobium, tantalum, yttrium, and rare earth elements. The company owns interest in the Tomingley Gold project and the Dubbo Zirconia project located in New South Wales. Its exploration projects comprise the Bodangora, Kaiser, Finns Crossing, Cudal, Peak Hill, Wellington, Elsienora, Rockley, and Orange East projects. Alkane Resources Limited is headquartered in Burswood, Australia.
Moving Average EnvelopeDownload
|GZL Gazal Corporation||4.29||19.2||52,882||175||BULLISH|
|MTO Moto Goldmines||1.85||8.8||155,254||10.36||BULLISH|
|AXP Airxpanders Inc||0.03||6.7||158,933||16.48||BULLISH|
|KDR Kidman Resources||1.23||5.2||2,238,007||181.1||BULLISH|
|FIG Freedom Insurance||0.02||4.8||45,729||9.17||BULLISH|