Danakali (DNK)

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Danakali (DNK): Signals

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Summary

[BULLISH]: Danakali currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -1.8%.



Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.

[Calculation] Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-n

Top 10:

Weighted Moving Average

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