Hathway Cable and Datacom SMA 50
What is the SMA 50 of Hathway Cable and Datacom?
The SMA 50 of Hathway Cable and Datacom Limited is ₨23 -11.52%
What is the definition of SMA 50?
SMA 50 is an average stock price from the last 50 days calculated as an unweighted mean of the previous 50 stock closing prices.
Simple moving average of 50 days for a stock is an unweighted moving average over the past 50 days. Moving averages will always exhibit a lag and the longer the period used for averaging the greater the lag will be. Because of the large amounts of data considered when calculating a long-term moving average, it takes a considerable amount of movement in the market to cause the moving average to change its course.
Using a moving average to confirm a trend in price is one of the most basic, yet effecting ways of using the indicator. Moving averages take into account what has already happened and a whole range of past events, which makes them such a good technical analysis tool for trend confirmations. Generally, a long-term moving average that is clearly on the upswing is a confirmation of a bullish trend. Conversely, a long-term moving average that is clearly on the downswing is a confirmation of a bearish trend.
SMA 50 of companies in the Communication Services sector on BSE compared to Hathway Cable and Datacom
What does Hathway Cable and Datacom do?
Hathway Cable and Datacom Limited provides cable television network, Internet, and allied services. It operates through Broadband Business and Cable Television Segments. The company offers digital cable TV services; standard definition (SD) and high definition (HD) cable TV channel services; and SD and HD set-top boxes. It also provides home and business broadband services. In addition, the company operates H-tube, a channel for broadcasting videos; CCC Â Cine Channel, a 24 hours movie channel; HMART, a shopping channel; and HFLICKS1 and HFLICKS2, which are entertainment channels. The company offers its cable TV services in approximately 350 cities and towns in India. Hathway Cable and Datacom Limited was incorporated in 1959 and is based in Mumbai, India.
Companies with sma 50 similar to Hathway Cable and Datacom
- Westshore Terminals Investment has SMA 50 of CAD$23 -1.47%
- Assicurazioni Generali SpA has SMA 50 of €23 +6.91%
- Newcrest Mining has SMA 50 of AUD$23 +0.00%
- C3 Ai Cl.A Dl ,001 has SMA 50 of €23 -18.66%
- Hathway Cable and Datacom has SMA 50 of ₨23 -11.26%
- Dropbox Inc has SMA 50 of $23 +3.26%
- Hathway Cable and Datacom has SMA 50 of ₨23 -11.52%
- Dropbox has SMA 50 of $23 +2.26%
- B&M European Value Retail SA has SMA 50 of $23 -5.93%
- Calavo Growers, Inc has SMA 50 of $23 +17.02%
- The Gabelli Dividend & Income Trust has SMA 50 of $23 +4.55%
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- Hoegh LNG has SMA 50 of kr23 -0.01%