| Fortune Brands Home & Security is a holding company. Through its subsidiaries, Co. provides home and security products. Co.'s segments are: Plumbing, which manufactures or assembles and sells faucets, accessories, kitchen sinks and waste disposals; Outdoors and Security, which manufactures and sells fiberglass and steel entry door systems, storm, screen and security doors, composite decking and railing, and urethane millwork, as well as manufactures, sources and distributes locks, safety and security devices, and electronic security products; and Cabinets, which manufactures stock, semi-custom and custom cabinetry, as well as vanities, for the kitchen, bath and other parts of the home. |
When researching a stock like Fortune Brands Home and Security, 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 FBHS 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 FBHS 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 FBHS 200 day moving average ("FBHS 200 DMA"), while one of the most popular "shorter look-backs" is the FBHS 50 day moving average ("FBHS 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Fortune Brands Home and Security. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the FBHS 200 DMA and the FBHS 50 DMA, we get a moving average convergence divergence indicator ("FBHS MACD"). The FBHS 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).