Linde plc is a United Kingdom-based industrial gases and engineering company. Co. serves a variety of end markets, such as chemicals and energy, food and beverage, electronics, healthcare, manufacturing, metals, and mining. Co.'s industrial gases and technologies are used in countless applications, including production of clean hydrogen and carbon capture systems critical to the energy transition, life-saving medical oxygen and high-purity and specialty gases for electronics. It also delivers gas processing solutions to support customer expansion, efficiency improvements and emissions reductions. Its primary products in its industrial gases business are atmospheric gases and process gases.
When researching a stock like Linde, 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 LIN 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 LIN 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 LIN 200 day moving average ("LIN 200 DMA"), while one of the most popular "shorter look-backs" is the LIN 50 day moving average ("LIN 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Linde. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the LIN 200 DMA and the LIN 50 DMA, we get a moving average convergence divergence indicator ("LIN MACD"). The LIN 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