| Ceridian HCM Holding is a global human capital management (HCM) software company. Co.'s products and services include: Dayforce; Powerpay; and Bureau. Dayforce, Co.'s principal cloud HCM platform, is a single application that provides real-time calculations across all modules to enable, for example, payroll administrators access to real-time data through the entire pay period, and managers access to real-time data to support work schedules. Powerpay is a cloud platform that provides payroll and human resources solutions. Co.'s Bureau solutions provide payroll and payroll-related services. Co. invests in maintenance and necessary updates to support its Bureau customers. |
When researching a stock like Ceridian HCM Holding, 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 CDAY 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 CDAY 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 CDAY 200 day moving average ("CDAY 200 DMA"), while one of the most popular "shorter look-backs" is the CDAY 50 day moving average ("CDAY 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Ceridian HCM Holding. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the CDAY 200 DMA and the CDAY 50 DMA, we get a moving average convergence divergence indicator ("CDAY MACD"). The CDAY 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).