₦airaland Forum

BullBearMkt:
...When you follow fxuser, Intendy & of course DeRuggedProf posts and combined them together, they give out the clue & you have little work to do in your analysis!!!

fxuser:
Daily Moving Average

50DMA
The 50-day moving average is a popular technical indicator which investors use to analyze price trends. It is simply a security's average closing price over the last 50 days.

200DMA
A move through a major moving average is often used as a signal by technical traders that the trend is reversing. For example, if the price breaks through the 200-day moving average in a downward direction, it is a signal that the uptrend is reversing.

Source: google

BullBearMkt:
...When you follow fxuser, Intendy & of course DeRuggedProf posts and combined them together, they give out the clue & you have little work to do in your analysis!!!

NextProdigy:
And BullBearMkt

NextProdigy:
Where can one get info on the Daily Moving Averages?

currentprice:
honestly those mention hav change d look of this thread for good
with their contribution u are good to fly independently except you are not destiny to succeed in financial market
many thanks

BullBearMkt:
@currentprice your long term view is really enviable...

currentprice:
my brother.....patient dog eats the fattest bone now

kentoto:
FBNH: for how long them go cook sef, Q1 done dey comot for other companies already,

the higher the price, the lower the yield eventually (15K) .

you cant eat your cake and have it, . time to choose one.

K

kentoto:
For some investors/traders, na yield oh. i have a feeling the will drop the result on Friday after market hours

k

currentprice:
honestly those mention hav change d look of this thread for good
with their contribution u are good to fly independently except you are not destiny to succeed in financial market
many thanks

Chibuking81:
My brother Ihedioramma, hope FBNH will be the stock of the year if they should declare between 50 kobo to #1.
In fact am preparing to celebrate with you between this month ending and next month, by then FBHN will be selling above #5, congratulations to all those in the FBNH bus.

Chibuking81:
My brother Ihedioramma, hope FBNH will be the stock of the year if they should declare between 50 kobo to #1.
In fact am preparing to celebrate with you between this month ending and next month, by then FBHN will be selling above #5, congratulations to all those in the FBNH bus.

Chibuking81:
My brother Ihedioramma, hope FBNH will be the stock of the year if they should declare between 50 kobo to #1.
In fact am preparing to celebrate with you between this month ending and next month, by then FBHN will be selling above #5, congratulations to all those in the FBNH bus.

duni04:
Div of 50k with an EPS of 37k FBNH holders brace yourselves, something big is coming your way

Chibuking81:
Is like you miss their bus, their 2016 q3 EPs was above #1.15

duni04:
Div of 50k with an EPS of 37k FBNH holders brace yourselves, something big is coming your way

duni04:
EPS for q3 was 117k, 17% lower than the 138k they declared in q3 2015. Except you're expecting them to fork out the entire q3 earnings for you as dividend....
Bloomberg puts their EPS ttm(summation previous 4 quarters) as 37k. 15k will be a miracle from this EPS.

duni04:
EPS for q3 was 117k, 17% lower than the 138k they declared in q3 2015. Except you're expecting them to fork out the entire q3 earnings for you as dividend....
Bloomberg puts their EPS ttm(summation previous 4 quarters) as 37k. 15k will be a miracle from this EPS.

Chibuking81:
https://markets.ft.com/data/equities/tearsheet/forecasts?s=FBNH:LAG

I know you are not in their bus, but at least wish them well with good result, even if it's 40 kobo dividend, pls wish them, for we all are BNSITL

Manonamission:
Well we all know Dangote is a shrewd business man. However, I take it that you're assuming he sold at a profit. The financial terms have been kept under wraps for a reason.
The only aspect of the deal that surprised me, is that, Dufil agreed to operate and produce from Dangote Noodles facilities for two years using the same "Dangote noodles" brand Retaining the brand name is the red flag o
I won't be surprised if he sold at a loss but plans a reverse takeover after 2 years. He needs the "Indomie" secret badly. He obviously wants to sustain (more like improve) the brand name for a reason. The bolded just doesn't make sense to me. Anyway, just thinking aloud. Na from stock market I fit benefit from any fallout of this deal.

Manonamission:
You mean after the management already stated their intention to recapitalize earnings? Dividend will most likely be paid from earnings of subsidiaries.

Chibuking81:
https://markets.ft.com/data/equities/tearsheet/forecasts?s=FBNH:LAG

I know you are not in their bus, but at least wish them well with good result, even if it's 40 kobo dividend, pls wish them, for we all are BNSITL

lancee:
Nice one Brv

duni04:
Just hope those diamond bidders know what they're buying into, especially as the result will soon be out

BullBearMkt:
THE TREND IS YOUR FRIEND...

Price is always noisy with a lot of fluctuations up and down. This many times make it extremely difficult to determine when to enter/exit a trade with profit. Just like a drunkard going from point A to point B, price will first stagger around to reach points A', A''... before it finally get to its destination at B, Chart 1. This of course is to create emotions (fear/greed) for traders/investors to ensure he/she exits the trade with a loss or at most minimal profit.

A great tool to smoothing out price fluctuations is the MOVING AVERAGE. A moving average of price is based on the close of each bar interval. For example, a daily 20-Day-Moving-Average (20DMA) is the close of the last 20 day bars. It is great on historical data and provides price trending.

The phrase, "...the trend is your friend" was coined to keep traders aligned with the general direction of the stock's price instead of jumping around the price's whipsaw. If the overall price trend is up, traders will want to BUY and if the trend is down, it is SELLING time.

LIMITATION
-Moving Averages on price are lagging. This means moving average reacts to price movement, or price turns before MA makes its turn...

The longer the moving average, the greater the lag but the benefit is you will get a smoother trend. Hence, a 50DMA provides more lag time than a 20DMA, although 50DMA will give a smoother trending than 20DMA.

Chart 2, is UBA historical daily chart with 20DMA (blue line) and 50DMA (magenta line). Study the price fluctuations and how 20 and 50 DMAs provide us with the price trend

USES OF MOVING AVERAGE
-Provides price trending
-BUY or SELL signal: When a short (or fast) moving average is above the long (or slow), it is considered time to buy. But if the fast MA is below the slow MA, it is time to sell
-Provide value pricing: When price pullback to the moving averages (when rising), it is considered a good zone to enter (or re-enter) the trade

Good morning my fellow forumites on Nairaland...


PLAN YOUR TRADE AND TRADE YOUR PLAN...