| Schein (Henry) provides health care products and services to office-based dental and medical practitioners. The health care distribution segment distributes consumable products, small equipment, laboratory products, large equipment, equipment repair services, branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products and vitamins. Co.'s technology group offerings include practice management software systems for dental and medical practitioners. Co.'s practice solutions include financial services on a non-recourse basis, e-services, practice technology, network and hardware services, and continuing education services for practitioners. |
When researching a stock like Henry Schein, 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 HSIC 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 HSIC 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 HSIC 200 day moving average ("HSIC 200 DMA"), while one of the most popular "shorter look-backs" is the HSIC 50 day moving average ("HSIC 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Henry Schein. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the HSIC 200 DMA and the HSIC 50 DMA, we get a moving average convergence divergence indicator ("HSIC MACD"). The HSIC 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).