[BEARISH]: Resolute Mining currently has a confirmed downtrend. Recent trading has caused the TMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 2.3%.
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: Resolute Mining (RSG.AX)
Stock Exchange: ASX
Company: Resolute Mining
Ticker Codes: | RSG.AX | ASX:RSG |
Resolute Mining Limited engages in the mining, exploration, development, and production of gold properties in Africa and Australia. The company is also involved in the prospecting and exploration of minerals. Its flagship project is the Syama Gold Mine located in West Africa. The company was incorporated in 2001 and is based in Perth, Australia.
Triangular Moving AverageDownload
|EMH European Metals Holdings||0.4||12.9||50,755||1.1||BULLISH|
|PME Pro Medicus||11.68||6.7||140,709||24.6||BULLISH|
|CAB Cabcharge Australia||2.4||5.7||194,554||4.8||BULLISH|