Catalent is a holding company. Through its subsidiaries, Co. provides development and manufacturing solutions for drugs, protein-based biologics, cell and gene therapies, and consumer health products. Co.'s segments include: Biologics, which provides biologic cell-line, cell therapy and viral-based gene therapy development and manufacturing; Softgel and Oral Technologies, which provides formulation, development, and manufacturing services for soft capsules, and manufactures oral solid dose forms; and Clinical Supply Services, which provides manufacturing, packaging, storage, distribution, and inventory management for drugs and protein and cell and gene therapy biologics in clinical trials.
When researching a stock like Catalent, 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 CTLT 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 CTLT 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 CTLT 200 day moving average ("CTLT 200 DMA"), while one of the most popular "shorter look-backs" is the CTLT 50 day moving average ("CTLT 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Catalent. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the CTLT 200 DMA and the CTLT 50 DMA, we get a moving average convergence divergence indicator ("CTLT MACD"). The CTLT 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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Video: Technical Analysis