[BEARISH]: Fleetwood currently has negative MACD of -0.0081. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is 2.2%.
Moving Average Convergence/Divergence (MACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).
Calculation:: Moving Average Convergence Divergence (MACD);
1) MACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of MACD Line;
3) MACD Histogram: MACD Line - Signal Line;
PROFILE: Fleetwood (FWD.AX)
Stock Exchange: ASX
Ticker Codes: | FWD.AX | ASX:FWD |
Fleetwood Corporation Limited provides accommodation solutions and recreational vehicles in Australia and New Zealand. The company engages in the design, manufacture, and supply of accommodation for affordable housing, education, and commercial markets; and operation of accommodation villages. It also manufactures and sells caravans, pop-tops, and campers; and recreational and commercial vehicle parts and accessories, as well as supplies fiberglass canopies and aluminum trays for utility vehicles. Fleetwood Corporation Limited was founded in 1964 and is based in East Perth, Australia.
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