[BEARISH]: Global Construction Services 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 2.4%.
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: Global Construction Services (GCS.AX)
Stock Exchange: ASX
Company: Global Construction Services
Ticker Codes: | GCS.AX | ASX:GCS |
Global Construction Services Limited provides on-site products and services in Australia. The company operates through Commercial; Residential; and Resource, Industrial, Oil & Gas segments. It supplies and manages workforce force, such as tradesmen, laborers, and professionals for various projects; and scaffold equipment and on-site workforce. The company's products also include plant and equipment, such as boom lifts, mast lifts, scissor lifts, air compressors, tools, hoses, rock breakers, jack hammers, high pressure cleaners, plate compactors, vertical rammers, drum rollers, skid steers, mini excavators, generators, power and lighting products, forklifts, telehandlers, trailers, trolleys, torque wrenches, cassettes, drives, rams, pumps, gauges, PPE and cleaning products, power tools, heating and cooling products, pumps, de-watering products, trailers, and welding products. In addition, it provides contracting and sub-contracting services; formwork, concrete pumping, wall formwork, falsework and propping, column formwork, concrete placement, and temporary fencing services; and timber and plywood products, concrete accessories, nails, anchor bolts, plastics, and lifting and storage devices. Further, the company offers temporary site accommodation units, such as lunch rooms and site offices, first aid huts, ablution and shower blocks, accommodation and changing rooms, storage containers, and toilets, as well as generators, cyclonic counter weights, tie downs, appliances, furniture, access stairs, and waste and water tanks; specialized site services comprising rope access, HSE management, traffic management, specialized painting, and security services, as well as windows and facades; and delivery and pick up, installation and dismantling and related estimating, and design and engineering services. It serves customers in commercial, residential, resource, industrial, and oil and gas sectors. The company was founded in 2003 and is headquartered in Redcliffe, Australia.
Simple Moving AverageDownload
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