Pegasus Digital Mobility Acquisition (Pegasus Digital Mobility Acquisition) 50-Day SMA : $11.07 (As of May. 27, 2024)

Competitive Comparison of Pegasus Digital Mobility Acquisition's 50-Day SMA

For the Shell Companies subindustry, Pegasus Digital Mobility Acquisition's 50-Day SMA, along with its competitors' market caps and 50-Day SMA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pegasus Digital Mobility Acquisition's 50-Day SMA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pegasus Digital Mobility Acquisition's 50-Day SMA distribution charts can be found below:

* The bar in red indicates where Pegasus Digital Mobility Acquisition's 50-Day SMA falls into.

Pegasus Digital Mobility Acquisition  (NYSE:PGSS) 50-Day SMA Calculation

The formula for calculating SMA is:

where:
Pn is the price of the stock at period n.
n is the total number of periods.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pegasus Digital Mobility Acquisition  (NYSE:PGSS) 50-Day SMA Explanation

Simple Moving Average (SMA) is the arithmetic average of stock price over a period. The 20-Day SMA calculates the average price over 20 days. And the 50-Day SMA and 200-Day SMA calculates the average price over 50 days and 200 days separately. SMAs are often used to determine the price trend direction. A 200-Day SMA is usually a proxy for the long-term trend, while shorter periods indicate short-term trend.

SMA are commonly compared with stock price or different period SMAs to indicate a trading signal. Generally speaking, if the price goes above the SMA, or a short-term SMA crosses above a long-term SMA, an uptrend is expected, investors may want to go long or cover short. Conversely, if the price goes below the SMA, or the short-term SMA crosses below a long-term SMA, a downtrend is expected, investors may want to go short or exit long.

Two popular trading patterns that use SMA include the death cross and a golden cross. A death cross occurs when the 50-day SMA crosses below the 200-day SMA. This is considered a bearish signal, that further losses are in store. The golden cross is a bullish signal which occurs when a short-term SMA crosses above a long-term SMA.

Pegasus Digital Mobility Acquisition 50-Day SMA Related Terms

Thank you for viewing the detailed overview of Pegasus Digital Mobility Acquisition's 50-Day SMA provided by GuruFocus.com. Please click on the following links to see related term pages.

Pegasus Digital Mobility Acquisition (Pegasus Digital Mobility Acquisition) Business Description