Fox Corporation is a news, sports and entertainment company. Its segments include Cable Network Programming, Television, Credible and the FOX Studio Lot. Cable Network Programming produces and licenses news and sports content distributed through traditional cable television systems, direct broadcast satellite operators and telecommunication companies (traditional MVPDs), virtual multi-channel video programming distributors (virtual MVPDs) and other digital platforms, in the U.S..
When researching a stock like Fox, 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 FOXA 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 FOXA 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 FOXA 200 day moving average ("FOXA 200 DMA"), while one of the most popular "shorter look-backs" is the FOXA 50 day moving average ("FOXA 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Fox. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the FOXA 200 DMA and the FOXA 50 DMA, we get a moving average convergence divergence indicator ("FOXA MACD"). The FOXA 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