...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!

Free
Message: Re: We held up well again today,..
3
Dec 24, 2018 12:59PM

Just a small clarification, iconoclast wrote:

"...we need to get to $3.25 to get the share price back above 50/100/200 day moving averages".

In point of fact we're well over the 200 dma already, its sitting at $2.54 (simple moving average), but even if we use EMA (exponential moving average) we're stil above it, the 200 EMA is at $2.71 

The difference between a Simple and Exponential moving average is that with the SMA its just a strict average of how ever many days, with the exponential moving average more recent pricing is weighted heavier.  

Here's the chart with the 50/100/200 day SMA's.  

Share
New Message
Please login to post a reply