Pinetree Capital SMA 200
What is the SMA 200 of Pinetree Capital?
The SMA 200 of Pinetree Capital Ltd. is CAD$6 +14.33%
What is the definition of SMA 200?
SMA 200 is an average stock price from the last 200 days calculated as an unweighted mean of the previous 200 stock closing prices.
Simple moving average of 200 days for a stock is an unweighted moving average over the past 200 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 200 of companies in the Finance sector on TSX compared to Pinetree Capital
What does Pinetree Capital do?
Pinetree Capital Ltd. is a venture capital and private equity firm specializing in early to later stage venture, middle market, mature, later stage, turnaround, emerging growth and growth capital investments in micro and small cap companies. The firm prefers to invest in all the sector except materials, real estate & energy. It typically invests in USA, Canada and Europe. The firm invests primarily in equities as well as debt and convertible securities. Pinetree Capital Ltd. was founded in 1992 and is based in Toronto, Canada.
Companies with sma 200 similar to Pinetree Capital
- Mesoblast Ltd has SMA 200 of $6 +3.89%
- 15 Split has SMA 200 of $6 +1.74%
- Westport Fuel Systems Inc has SMA 200 of $6 -14.77%
- Beter Bed N.V has SMA 200 of €6 +0.59%
- PureK has SMA 200 of CAD$6 +15.00%
- Coheris SA has SMA 200 of €6 +8.44%
- Pinetree Capital has SMA 200 of CAD$6 +14.33%
- Johns Lyng has SMA 200 of AUD$6 -77.76%
- ATENOR SA has SMA 200 of €6 -9.48%
- Leverage Sha Etp 2070 has SMA 200 of €6 -1.37%
- Telefonaktiebolaget L M Ericsson has SMA 200 of $6 +18.26%
- Fuji Media has SMA 200 of $6 -5.47%
- TechnipFMC Plc has SMA 200 of €6 -0.81%