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: Fletcher Building (FBU.AX)
Stock Exchange: ASX
Company: Fletcher Building
Ticker Codes: | FBU.AX | ASX:FBU |
Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building and construction products in New Zealand, Australia, and internationally. Its Building Products segment manufactures, distributes, and markets building products, such as concrete pipes and products, cement and aggregates, plastic pipes, and building materials for commercial and residential markets. The company's International segment provides laminate and surface products for commercial and residential spaces; decorative wood panels and laminates, particle boards, medium density fiber boards, and other decorative products; and pressed metal roof tiles. Its Distribution segment distributes building, plumbing, pipeline, and steel products. The company's Residential and Land Development segment develops land holdings for residential and commercial use, as well as operates as a residential home builder. Its Construction segment builds and maintains commercial buildings and infrastructure projects. Fletcher Building Limited was founded in 1909 and is headquartered in Auckland, New Zealand.
Moving Average EnvelopeDownload
|MPP Metro Performance Glass||0.5||11.1||6,500||-45.14||BEARISH|
|TNG Tennant Creek Gold||0.1||10||1,609,390||-13.73||BEARISH|
|EPW ERM Power||1.65||5.1||110,867||-17.06||BEARISH|
|ANG Austin Engineering||0.22||4.8||1,029,374||-45.45||BEARISH|
|GCY Gascoyne Resources||0.12||4.3||2,720,069||-30.61||BEARISH|
|SDA Speedcast International||3.59||4.1||887,019||-8.66||BEARISH|