TRIANGULAR MOVING AVERAGE
Trading: BUY @ $2.6
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.
CVC (ASX:CVC) 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 1.6%.
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: CVC (CVC.AX)
Stock Exchange: ASX
Ticker Codes: | CVC.AX | ASX:CVC |
CVC Limited is a venture capital and private equity firm specializing in seed/startup, early venture, mid venture, late venture, emerging growth, mezzanine, and growth capital investments. It prefers to invests in fintech sector. The firm is providing investment capital to companies that engage in financing, property related investments, and packaging supplies in Australia. It operates through Private Equity and Venture Capital, and Property segments. Private Equity and Venture Capital segment invests in equity and debt investments in non-listed entities. The firm will typically invest amounts in the range of A$1million (0.79 million) to A$15 million ($11.90 million). Property segment comprises joint venture interests in the Chevron Renaissance shopping center, the Bel-Air shops. It was formerly known as Continental Venture Capital Limited. CVC Limited was founded in 1985 and is based in Sydney, Australia.
Triangular Moving AverageDownload
|ZIM Zimbabwe Platinum Mines||8.5||15.6||3,496||29.4||BULLISH|
|SMX Sms Management & Technology||0.61||11.9||462,038||35.9||BULLISH|
|REG Rg Capital Radio||3.5||5.7||383,184||10||BULLISH|
|EHE Estia Health||2.85||4.4||2,186,345||19.3||BULLISH|
|AJX Alexium International||0.12||4.3||5,479||5.3||BULLISH|
|AGI Ainsworth Game Technology||0.88||4.2||270,881||4.7||BULLISH|
|TLG Talga Gold||0.62||4.2||385,261||21.1||BULLISH|
|KSC K&S Corporation||1.67||3.7||2,168||7.5||BULLISH|