[BULLISH]: Reva Medical currently has a confirmed uptrend. This means the SMA 15 day average has exceeded the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is -7.4%.
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: Reva Medical (RVA.AX)
Stock Exchange: ASX
Company: Reva Medical
Ticker Codes: | RVA.AX | ASX:RVA |
REVA Medical, Inc., a medical device company, focuses on the development and commercialization of polymer-based bioresorbable products for vascular applications. The company offers Fantom, a sirolimus-eluting bioresorbable scaffold to treat coronary artery disease in humans. The company was formerly known as MD3, Inc. and changed its name to REVA Medical, Inc. in March 2002. REVA Medical, Inc. was founded in 1998 and is headquartered in San Diego, California.
Simple Moving AverageDownload
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