| IDEX is an applied solutions business that sells pumps, valves, flow meters and other fluidics systems and components and engineered products. Co.'s segments are: Fluid and Metering Technologies, which designs, produces and distributes positive displacement pumps, flow meters, injectors and other fluid-handling pump modules and systems; Health and Science Technologies, which designs, produces and distributes fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems; and Fire and Safety/Diversified Products, which designs, produces and distributes firefighting pumps, valves and controls, rescue tools, and lifting bags. |
When researching a stock like IDEX, 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 IEX 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 IEX 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 IEX 200 day moving average ("IEX 200 DMA"), while one of the most popular "shorter look-backs" is the IEX 50 day moving average ("IEX 50 DMA"). A chart showing both of these popular moving averages is shown on this page for IDEX. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the IEX 200 DMA and the IEX 50 DMA, we get a moving average convergence divergence indicator ("IEX MACD"). The IEX 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).