SIMPLE MOVING AVERAGE
Trading: SELL @ $173.45
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.
Cochlear (ASX:COH) currently has a confirmed downtrend. This means the SMA 15 day average has moved below the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is -2.9%.
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: Cochlear (COH.AX)
Stock Exchange: ASX
Ticker Codes: | COH.AX | ASX:COH |
Cochlear Limited provides implantable hearing solutions. The company offers cochlear implants, including Nucleus 6 system and Kanso sound processors; Carina middle-ear implants and accessories; Baha bone conduction implants, such as Baha attract system, Baha connect system, Baha softband, Baha 5 sound processor, Baha 5 power, Baha 5 superpower, other sound processors, and wireless accessories; and Cochlear true Wireless devices comprising mini microphones, phone clips, and TV streamers. It also provides Cochlear Vistafix bone-anchored facial prosthetic solutions to enhance the attachment and cosmetic outcome of facial prostheses. The company sells its products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Cochlear Limited has a strategic collaboration with Sensorion to focus on improving hearing outcomes in patients with cochlear implants. The company was incorporated in 1983 and is headquartered in Sydney, Australia.
Simple Moving AverageDownload
|CLQ Clean Teq Holdings||0.33||4.8||1,404,811||-11.1||BEARISH|
|OSP Osprey Medical||0.11||4.8||5,000||-4.6||BEARISH|
|SAR Saracen Mineral||3.05||4.8||5,818,759||-4.1||BEARISH|
|CAJ Capitol Health||0.26||4||395,180||-1.3||BEARISH|
|MNS Milnes Holdings||0.3||3.4||266,202||-9.6||BEARISH|
|SHJ Shine Corporate||0.67||3.1||20,345||-0.5||BEARISH|
|SWM Seven West Media||0.54||2.9||6,398,075||-1.1||BEARISH|
|OCL Objective Corporation||2.6||2.8||538||-0.5||BEARISH|