| Arconic is engaged in lightweight metals engineering and manufacturing. Co. has two reportable segments: Engineered Products and Forgings (EP&F) and Global Rolled Products (GRP). The EP&F segment produces products that are used primarily in the aerospace (commercial and defense), industrial, commercial transportation, and power generation end markets. The GRP segment produces aluminum sheet and plate, aluminum extruded and machined parts, integrated aluminum structural systems, and architectural extrusions used in the automotive, aerospace, building and construction, industrial, packaging, and commercial transportation end markets. |
When researching a stock like Arconic, 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 ARNC 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 ARNC 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 ARNC 200 day moving average ("ARNC 200 DMA"), while one of the most popular "shorter look-backs" is the ARNC 50 day moving average ("ARNC 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Arconic. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the ARNC 200 DMA and the ARNC 50 DMA, we get a moving average convergence divergence indicator ("ARNC MACD"). The ARNC 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).