Kong Sun SMA 50
What is the SMA 50 of Kong Sun?
The SMA 50 of Kong Sun Holdings Limited is HKD$0 -5.26%
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 Utilities sector on HKSE compared to Kong Sun
What does Kong Sun do?
Kong Sun Holdings Limited, an investment holding company, invests in, operates, and maintains solar power plants in the People's Republic of China. The company operates through four segments: Solar Power Plants, Liquefied Natural Gas, Financial Services, and Others. It generates and sells electricity through solar power plants. As of December 31, 2021, the company owned 17 solar power plants with a total installed capacity of approximately 529.8 megawatts in Shaanxi, Inner Mongolia, Shanxi, Hebei, Henan, Anhui, Zhejiang, Hubei, and Qinghai Provinces. It also trades in liquefied natural gas and solar energy related products; provides various loans; and leases properties, as well as offers electricity maintenance services. The company was incorporated in 1955 and is headquartered in Beijing, China. Kong Sun Holdings Limited is a subsidiary of Pohua JT Private Equity Fund L.P.
Companies with sma 50 similar to Kong Sun
- Orion Minerals has SMA 50 of AUD$0 -23.05%
- Cazaly Resources has SMA 50 of AUD$0 -31.25%
- Enegex has SMA 50 of AUD$0 -31.25%
- Mountain Boy Minerals has SMA 50 of $0 -3.67%
- HeraMED has SMA 50 of AUD$0 +6.16%
- World Super has SMA 50 of HKD$0 -23.16%
- Kong Sun has SMA 50 of HKD$0 -5.26%
- Galilee has SMA 50 of AUD$0 -69.05%
- Atomo Diagnostics has SMA 50 of $0 -1.43%
- BPH has SMA 50 of AUD$0 -6.86%
- AdAlta has SMA 50 of AUD$0 -6.91%
- Atomo Diagnostics has SMA 50 of $0 -1.56%
- Melbana has SMA 50 of AUD$0 +27.46%