H&R Block, Inc. is engaged in providing tax preparation services, financial products, and small business solutions. Co. provides assisted and do-it-yourself (DIY) tax preparation solutions through multiple channels (including in-person, online and mobile applications, virtual, and desktop software) and distributes H&R Block-branded services and products. It also offers small business solutions through its Co.-owned and franchise offices (including in-person, online and virtual) and online through Wave.
When researching a stock like H and R Block, 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 HRB 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 HRB 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 HRB 200 day moving average ("HRB 200 DMA"), while one of the most popular "shorter look-backs" is the HRB 50 day moving average ("HRB 50 DMA"). A chart showing both of these popular moving averages is shown on this page for H and R Block. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the HRB 200 DMA and the HRB 50 DMA, we get a moving average convergence divergence indicator ("HRB MACD"). The HRB 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