| IPG Photonics develops, manufactures and sells fiber lasers, fiber amplifiers and diode lasers that are used for a range of applications, primarily in materials processing. Co.'s portfolio of laser solutions are used in materials processing, communications, medical and advanced applications. Co. also manufactures complementary products used with its lasers including optical delivery cables, fiber couplers, beam switches, optical processing heads, in-line sensors and chillers. In addition, Co. provides laser-based and non-laser based systems for certain markets and applications. |
When researching a stock like IPG Photonics, 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 IPGP 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 IPGP 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 IPGP 200 day moving average ("IPGP 200 DMA"), while one of the most popular "shorter look-backs" is the IPGP 50 day moving average ("IPGP 50 DMA"). A chart showing both of these popular moving averages is shown on this page for IPG Photonics. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the IPGP 200 DMA and the IPGP 50 DMA, we get a moving average convergence divergence indicator ("IPGP MACD"). The IPGP 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).