This measures how far the last close price is from the 200 Day Moving Average. This is calculated as (Close Price - 200 Day MA) / 200 Day MA * 100.
The 200-day moving average is a popular technical indicator which investors use to analyse price trends. A stock that is trading above its 200 Day Moving Average is considered to be in a long term uptrend.
If the short term (50 day) Moving Average breaks above the long-term (200 Day) Moving Average, this is known as a Golden Cross, whereas the inverse is known as a Death Cross. As long-term indicators carry more weight, the Golden Cross may indicates a bull market on the horizon and is usually reinforced by high trading volumes.
Ticker | Name | Price vs MA | StockRank™ |
---|---|---|---|
LON:TUN | Tungsten West | 139.11 | 30 |
LON:FTC | Filtronic | 132.34 | 52 |
LON:GCM | GCM Resources | 92.53 | 35 |
LON:FCH | Funding Circle Holdings | 90.59 | 50 |
LON:CMCX | CMC Markets | 90.46 | 83 |