Bellamys Australia (BAL.AX)
SIMPLE MOVING AVERAGE
Trading: BUY @ $7.6
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.
Bellamys Australia (ASX:BAL) currently has a confirmed uptrend. This means the SMA 15 day average has exceeded the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 1.2%.
A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.
Calculation: Simple Moving Average:
1) SMA: n period sum / n;
PROFILE: Bellamys Australia (BAL.AX)
Stock Exchange: ASX
Company: Bellamys Australia
Ticker Codes: | BAL.AX | ASX:BAL |
Bellamy's Australia Limited produces and markets organic foods and formula products for babies, toddlers, and young children. The company offers formula and toddler milk drinks, cereals and rusks, pastas, snacks, and ready to serve baby foods, as well as powdered milk products. Bellamy's Australia Limited sells its products to retailers and other resellers in Australia; distributors and customers through third party Websites in China and Hong Kong; and other distributors and retailers in South East Asia. The company was formerly known as Tasmanian Pure Foods Limited and changed its name to Bellamy's Australia Limited in June 2014. Bellamy's Australia Limited was founded in 2004 and is based in Launceston, Australia.
Simple Moving AverageDownload
|BOC Bougainville Copper||0.19||15.2||2,000||7.6||BULLISH|
|FRI Finbar International||0.82||9.3||29,707||0.4||BULLISH|
|VAH Virgin Australia Holdings||0.2||8.3||322,385||2.5||BULLISH|
|EPW ERM Power||1.65||5.1||110,867||0.3||BULLISH|
|SHJ Shine Corporate||0.73||4.3||5,271||8.9||BULLISH|
|SSM Service Stream||1.7||4.3||359,590||8.9||BULLISH|
|AHY Asaleo Care||0.95||3.8||2,959,854||24.3||BULLISH|