Air Products and Chemicals, Inc. is an industrial gases company. Co. is focused on serving energy, environmental, and emerging markets. Its base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. Co. also develops, engineers, builds, owns and operates clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. In addition, the Co. provides turbomachinery, membrane systems and cryogenic containers globally. Co. has operations in approximately 50 countries.
When researching a stock like Air Products and Chemicals, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from APD Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for APD stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the APD 200 day moving average ("APD 200 DMA"), while one of the most popular "shorter look-backs" is the APD 50 day moving average ("APD 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Air Products and Chemicals. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the APD 200 DMA and the APD 50 DMA, we get a moving average convergence divergence indicator ("APD MACD"). The APD MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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