Lincoln National is a holding company. Through its subsidiaries, Co. operates several insurance and retirement businesses. Co. has four segments: Annuities, which provides tax-deferred investment growth and lifetime income opportunities for its clients by providing variable annuities, fixed (including indexed) annuities and indexed variable annuities; Retirement Plan Services, which provides employers with retirement plan products and services, primarily in the defined contribution retirement plan marketplace; Life Insurance, which focuses on the creation and protection of wealth for its clients; and Group Protection, which provides group non-medical insurance products and services.
When researching a stock like Lincoln National, 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 LNC 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 LNC 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 LNC 200 day moving average ("LNC 200 DMA"), while one of the most popular "shorter look-backs" is the LNC 50 day moving average ("LNC 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Lincoln National. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the LNC 200 DMA and the LNC 50 DMA, we get a moving average convergence divergence indicator ("LNC MACD"). The LNC 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). |