SEGCL (000058) Stock Trend - Moving Up Or Down?

| December 5, 2018More Stocks

This report will help you analyze if SEGCL (000058) stock price is trending up or down. The technique we are going to use involves moving averages. Moving average is a metric used to analyze the movement of price by smoothing out volatility (swings). When the graph of moving average is going up, the trend is said to be moving up (uptrend) and vice versa.

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Note: What is Simple Moving Average or SMA?

SMA is a running average of prices of a certain number of days. Assume we want to calculate the 7 days SMA as on Jan 30th. In that case, SMA will be the average of share prices between Jan 30th and six previous market open days.

Below is a table of contents to help you navigate between sections. This report contains three sections which satisfy three types of investors - short, medium and long-term investors.

  1. SEGCL (000058) Stock Trend Based On 30 Days Moving Average
  2. 000058 Stock Trend Based On 60 Days SMA
  3. SEGCL (000058) Stock Trend Based On 180 Days Moving Average

Note: If moving average method seems complex to you, we recommend you to read the simplistic 000058 stock rise report. That report just uses the close and beginning prices to assess trends.

1 SEGCL (000058) Stock Trend Based On 30 Days Moving Average

In the first section, we are going to analyze the 30-day SMA of SEGCL (000058) share price for recent 52 weeks between 2017-08-28 and 2018-08-28.

Below graph will show both the price and SMA of 000058 stock. As you can observe, the moving average is less volatile. The canceling out of volatility helps one see the real trend amidst daily price swings.

Have a quick look at the below graph. A brief analysis follows the graph.

52 Weeks Simple Moving Average Chart - SEGCL (000058)

In the above graph, the blue line represents the price and the brown line is the moving average (SMA). Here are a few observations.

  1. The price oscillates (swings) more frequently than the SMA. The SMA curve is much smoother than the price.
  2. The SMA changes direction less frequently than the price.

000058 Trend Analysis: Ups And Downs In 52 Weeks

Whenever the SMA curve moves up, we call the price is trending upward. Similarly, when the curve moves down, the price is trending downward.

Based on 30 days SMA, the total number of uptrends and downtrends observed from the graph are the following.

Total Up TrendsToal Down Trends
1211

Longest Uptrend

The longest uptrend was between 2017-10-16 and 2017-11-20 for 26 days.

We have displayed below the prices during the longest uptrend (up to maximum of 10 rows) for you to get a feel about the trend movement.

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2017-10-168.0543
2017-10-178.17320.1189 (1.48%)0.1189 (1.48 %)
2017-10-187.9652-0.208 (-2.54%)-0.0891 (-1.11 %)
2017-10-197.8859-0.0793 (-1%)-0.1684 (-2.09 %)
2017-10-208.16330.2774 (3.52%)0.109 (1.35 %)
2017-10-238.53980.3765 (4.61%)0.4855 (6.03 %)
2017-10-248.3912-0.1486 (-1.74%)0.3369 (4.18 %)
2017-10-258.50020.109 (1.3%)0.4459 (5.54 %)
2017-10-268.4011-0.0991 (-1.17%)0.3468 (4.31 %)

The average price of stock during the 30 Days SMA longest uptrend was 8.49 ¥.

Recommended Reading: 000058 52 week high low report will let you know the highest and lowest days, weeks and months in recent times.

5 Longest Uptrends

For your information, here are the 5 longest uptrends using 30-day SMA.

Start DateEnd DateNumber of Days
2017-10-162017-11-2126
2018-04-272018-05-2316
2018-03-222018-04-1716
2017-11-222017-12-1214
2018-04-232018-04-263

Longest Downtrend

The longest downtrend was between 2017-12-15 and 2018-03-21 for 63 days.

Below are a sample data of prices during the longest downtrend (up to maximum of 10 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2017-12-158.1732
2017-12-187.8364-0.3368 (-4.12%)-0.3368 (-4.12 %)
2017-12-197.7571-0.0793 (-1.01%)-0.4161 (-5.09 %)
2017-12-207.4599-0.2972 (-3.83%)-0.7133 (-8.73 %)
2017-12-217.51940.0595 (0.8%)-0.6538 (-8 %)
2017-12-227.60850.0891 (1.18%)-0.5647 (-6.91 %)
2017-12-257.4005-0.208 (-2.73%)-0.7727 (-9.45 %)
2017-12-267.44010.0396 (0.54%)-0.7331 (-8.97 %)
2017-12-277.2618-0.1783 (-2.4%)-0.9114 (-11.15 %)

The average price of stock during the 30 Days SMA longest downtrend was 6.93 ¥.

5 Longest Downtrends:

Here are the 5 longest downtrends using 30-day SMA.

Start DateEnd DateNumber of Days
2017-12-152018-03-2263
2018-06-012018-07-2739
2017-12-122017-12-142
2018-05-252018-05-292
2018-05-302018-05-311

Latest Trend of SEGCL (000058) Share Prices

Towards the end of the price and SMA chart, the SMA is moving up. Hence, 000058 is trending upwards!

Note: Those who buy and sell within 1 to 3 years can be said to be short-term investors. A moving average of short duration like 20 or 30 days will be of greater help to such investors over the others.

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2 000058 Stock Trend Based On 60 Days SMA

Now let us check the 60 days moving average for the duration of same 52 weeks observed in the previous section. Below is the graph followed by a brief analysis.

SEGCL (000058) - 52 Weeks Trend Simple Moving Average Chart

Note: 60 Days SMA Vs 30 Days SMA

If you look at the 60 day SMA graph, you will notice one thing. The moving average curve is smoother than that you saw in the previous section. The reason is simple. Longer the timeframe, smoother the average will become.

SEGCL (000058) Trend Analysis Based On 60 days SMA

Total Up TrendsToal Down Trends
55

Longest Uptrend:

The longest uptrend was between 2018-05-08 and 2018-05-29 for 16 days.

Below are a sample data of prices during the longest uptrend (up to maximum of 15 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2018-05-086.816
2018-05-096.82590.0099 (0.15%)0.0099 (0.15 %)
2018-05-106.99430.1684 (2.47%)0.1783 (2.62 %)
2018-05-116.8061-0.1882 (-2.69%)-0.0099 (-0.15 %)
2018-05-146.707-0.0991 (-1.46%)-0.109 (-1.6 %)
2018-05-156.75650.0495 (0.74%)-0.0595 (-0.87 %)
2018-05-166.6476-0.1089 (-1.61%)-0.1684 (-2.47 %)
2018-05-176.6178-0.0298 (-0.45%)-0.1982 (-2.91 %)
2018-05-186.68720.0694 (1.05%)-0.1288 (-1.89 %)
2018-05-216.71690.0297 (0.44%)-0.0991 (-1.45 %)
2018-05-226.79620.0793 (1.18%)-0.0198 (-0.29 %)
2018-05-236.6476-0.1486 (-2.19%)-0.1684 (-2.47 %)
2018-05-246.5782-0.0694 (-1.04%)-0.2378 (-3.49 %)
2018-05-256.3999-0.1783 (-2.71%)-0.4161 (-6.1 %)

The average price of stock during the 60 Days SMA longest uptrend was 8.49 ¥.

5 Longest Uptrends

Here are the 5 longest uptrends using 60-day SMA.

Start DateEnd DateNumber of Days
2018-05-082018-05-3016
2017-11-272017-12-1916
2017-12-222017-12-262
2018-05-312018-06-011
2017-12-202017-12-211

Longest Downtrend:

The longest downtrend was between 2017-12-26 and 2018-05-08 for 85 days.

Below are a sample data of prices during the longest downtrend (up to maximum of 15 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2017-12-267.4401
2017-12-277.2618-0.1783 (-2.4%)-0.1783 (-2.4 %)
2017-12-287.2023-0.0595 (-0.82%)-0.2378 (-3.2 %)
2017-12-297.33110.1288 (1.79%)-0.109 (-1.47 %)
2018-01-027.39060.0595 (0.81%)-0.0495 (-0.67 %)
2018-01-037.450.0594 (0.8%)0.0099 (0.13 %)
2018-01-047.46980.0198 (0.27%)0.0297 (0.4 %)
2018-01-057.3906-0.0792 (-1.06%)-0.0495 (-0.67 %)
2018-01-087.3708-0.0198 (-0.27%)-0.0693 (-0.93 %)
2018-01-097.3014-0.0694 (-0.94%)-0.1387 (-1.86 %)
2018-01-107.33110.0297 (0.41%)-0.109 (-1.47 %)
2018-01-117.45990.1288 (1.76%)0.0198 (0.27 %)
2018-01-127.61840.1585 (2.12%)0.1783 (2.4 %)
2018-01-157.3509-0.2675 (-3.51%)-0.0892 (-1.2 %)

The average price of stock during the 60 Days SMA longest downtrend was 6.93 ¥.

5 Longest Downtrends:

Here are the 5 longest downtrends using 60-day SMA.

Start DateEnd DateNumber of Days
2017-12-262018-05-0885
2018-06-012018-08-2862
2018-05-302018-05-311
2017-12-192017-12-201
2017-12-212017-12-221

The Latest Trend of SEGCL (000058) Based On 60 Day SMA:

Towards the end of the chart, the 60-day SMA is moving in the positive direction. Hence, 000058 is trending upwards!

Note: Trend analysis based on 60-day moving average will be of much help to medium term investors compared to long and short-term ones.

3 SEGCL (000058) Stock Trend Based On 180 Days Moving Average

Value investors (long-term) investors prefer averages spanning over at least 100 days. This section analyzes the 180 days moving average during the recent 104 weeks.

SEGCL (000058) - 52 Weeks Trend Simple Moving Average Chart

The number of uptrends and downtrends based on 180 days average can be summarized as shown below.

Total Up TrendsToal Down Trends
2930

Longest Uptrend:

The longest uptrend was between 2018-01-23 and 2018-01-25 for 3 days.

Below are a sample data of prices during the longest uptrend (up to maximum of 25 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2018-01-237.5095
2018-01-247.4698-0.0397 (-0.53%)-0.0397 (-0.53 %)
2018-01-257.4599-0.0099 (-0.13%)-0.0496 (-0.66 %)

The average price of stock during the 180 Days SMA longest uptrend was 7.48 ¥.

5 Longest Uptrends

Here are the 5 longest uptrends using 180-day SMA.

Start DateEnd DateNumber of Days
2018-01-232018-01-263
2018-05-102018-05-142
2018-05-032018-05-072
2018-04-202018-04-242
2018-04-122018-04-162

Longest Downtrend:

The longest downtrend was between 2017-06-01 and 2017-11-09 for 111 days.

Below are a sample data of prices during the longest downtrend (up to maximum of 25 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2017-06-017.2222
2017-06-027.33110.1089 (1.51%)0.1089 (1.51 %)
2017-06-057.37080.0397 (0.54%)0.1486 (2.06 %)
2017-06-067.44010.0693 (0.94%)0.2179 (3.02 %)
2017-06-077.63820.1981 (2.66%)0.416 (5.76 %)
2017-06-087.78690.1487 (1.95%)0.5647 (7.82 %)
2017-06-097.8760.0891 (1.14%)0.6538 (9.05 %)
2017-06-127.6382-0.2378 (-3.02%)0.416 (5.76 %)
2017-06-137.73730.0991 (1.3%)0.5151 (7.13 %)
2017-06-147.7670.0297 (0.38%)0.5448 (7.54 %)
2017-06-157.82650.0595 (0.77%)0.6043 (8.37 %)
2017-06-168.46050.634 (8.1%)1.2383 (17.15 %)
2017-06-198.3218-0.1387 (-1.64%)1.0996 (15.23 %)
2017-06-208.42090.0991 (1.19%)1.1987 (16.6 %)
2017-06-218.1633-0.2576 (-3.06%)0.9411 (13.03 %)
2017-06-227.9652-0.1981 (-2.43%)0.743 (10.29 %)
2017-06-238.02460.0594 (0.75%)0.8024 (11.11 %)
2017-06-268.16330.1387 (1.73%)0.9411 (13.03 %)
2017-06-278.1039-0.0594 (-0.73%)0.8817 (12.21 %)
2017-06-288.12370.0198 (0.24%)0.9015 (12.48 %)
2017-06-298.0642-0.0595 (-0.73%)0.842 (11.66 %)
2017-06-308.0147-0.0495 (-0.61%)0.7925 (10.97 %)
2017-07-038.05430.0396 (0.49%)0.8321 (11.52 %)
2017-07-048.05430 (0%)0.8321 (11.52 %)

The average price of stock during the 180 Days SMA longest downtrend was 7.9 ¥.

5 Longest Downtrends:

Here are the 5 longest downtrends using 180-day SMA.

Start DateEnd DateNumber of Days
2017-06-012017-11-10111
2018-06-052018-08-2860
2017-11-272018-01-1233
2018-03-222018-04-0910
2017-11-132017-11-249

Conclusion :

Hopefully, the above report helped you with valuable insights regarding the trend of SEGCL (000058) shares.

Recommended Reading: Price trends are sustainable only if associated with high volumes. 000058 Volume Analysis report will help you for sure.

Note: The moving averages serve as support or resistance based on their location relative to the price curve. If the moving average is above the price curve, one can say the moving average is a resistance line. On the other hand, if the moving average runs below the price, one can call the trendline as support. Whenever the price crosses the moving average or trend line, a breakout (reversal of trend) is said to have started.

Disclaimer:

We have validated the data to the best of our knowledge. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly.

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