| FleetCor Technologies is provider of payment solutions. Co.'s solutions are comprised of payment products, networks and associated services. Co. groups its payment solutions into five primary categories: Fuel, Lodging, Tolls, Corporate Payments and Gift. Moreover, Co. provides other complementary payment products including fleet maintenance, employee benefits and long haul transportation-related services. Co.'s payment products generally function like a charge card, prepaid card, one-time use virtual card, and electronic radio-frequency identification. While the actual payment mechanisms vary from category to category, they are structured to afford control and reporting to the end customer. |
When researching a stock like FleetCor Technologies, 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 FLT 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 FLT 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 FLT 200 day moving average ("FLT 200 DMA"), while one of the most popular "shorter look-backs" is the FLT 50 day moving average ("FLT 50 DMA"). A chart showing both of these popular moving averages is shown on this page for FleetCor Technologies. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the FLT 200 DMA and the FLT 50 DMA, we get a moving average convergence divergence indicator ("FLT MACD"). The FLT 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).