Tegel (TGH)

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Tegel (TGH): Signals

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Volume Moving Average Convergence/Divergence (VMACD) 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 Volume (VMACD):
1) VMACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of VMACD Line;
3) VMACD Histogram: VMACD Line - Signal Line;


Stock Exchange: ASX
Company: Tegel
Ticker Codes: | TGH.AX | ASX:TGH |

About Tegel (ASX:TGH):

Tegel Group Holdings Limited, together with its subsidiaries, engages in the breeding, hatching, processing, marketing, and distribution of poultry products in New Zealand and internationally. The company offers value added main meals, snacks, and convenience meal options; sausages; and processed meat products, as well as fresh and frozen whole chickens, and portions. It also produces turkey, and supplies whole turkeys and value added roast products. The company manufactures and markets its products under the Bright's, Top Hat, and Hungry brands. The company also exports its products under the Pure New Zealand Premium Chicken name. Tegel Group Holdings Limited supplies its products to supermarkets, other retail outlets, processors, hotels, restaurants, distributors, and fast food customers. The company was founded in 1961 and is based in Auckland, New Zealand.

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