Flowserve Corporation is a manufacturer and aftermarket service provider of comprehensive flow control systems. Co. develops and manufactures precision-engineered flow control equipment integral to the movement, control and protection of the flow of materials. Its segments include Flowserve Pumps Division (FPD) and Flow Control Division (FCD). The FPD segment designs, manufactures, pretests, distributes and services specialty and highly engineered custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts and upgrades and related aftermarket services.
When researching a stock like Flowserve, 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 FLS 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 FLS 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 FLS 200 day moving average ("FLS 200 DMA"), while one of the most popular "shorter look-backs" is the FLS 50 day moving average ("FLS 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Flowserve. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the FLS 200 DMA and the FLS 50 DMA, we get a moving average convergence divergence indicator ("FLS MACD"). The FLS 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). |