| Ball supplies metal packaging to the beverage, personal care and household products industries. Co. provides aerospace and other technologies and services. Co.'s main product line is aluminum beverage containers. Co. also produces aerosol containers, extruded aluminum aerosol containers and aluminum slugs. Co.'s segments are: beverage packaging, North and Central America, beverage packaging, South America, and beverage packaging, Europe, all of which are engaged in manufacturing and selling aluminum beverage containers; and aerospace, which manufactures and sells aerospace and other related products and provides services used in the defense, civil space and commercial space industries. |
When researching a stock like Ball, 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 BLL 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 BLL 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 BLL 200 day moving average ("BLL 200 DMA"), while one of the most popular "shorter look-backs" is the BLL 50 day moving average ("BLL 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Ball. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the BLL 200 DMA and the BLL 50 DMA, we get a moving average convergence divergence indicator ("BLL MACD"). The BLL 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).