L3Harris Technologies, Inc. provides end-to-end technology solutions connecting the space, air, land, sea and cyber domains. Its Space & Airborne Systems segment includes space payloads, sensors and full-mission solutions; classified intelligence and cyber; avionics; electronic warfare, and mission networks for air traffic management operations. Its Integrated Mission Systems segment includes passive sensing and targeting; electronic attack; autonomy; power and communications; networks; sensors; aviation products, and pilot training operations.
When researching a stock like L3Harris Technologies, 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 LHX 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 LHX 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 LHX 200 day moving average ("LHX 200 DMA"), while one of the most popular "shorter look-backs" is the LHX 50 day moving average ("LHX 50 DMA"). A chart showing both of these popular moving averages is shown on this page for L3Harris Technologies. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the LHX 200 DMA and the LHX 50 DMA, we get a moving average convergence divergence indicator ("LHX MACD"). The LHX 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). |