| LyondellBasell Industries is a chemical company. Co.'s chemicals businesses consist of processing plants that convert liquid and gaseous hydrocarbon feedstocks into plastic resins and other chemicals, and used by its customers to manufacture a range of products including food packaging, home furnishings, automotive components, paints and coatings. Co.'s refining business consists of its Houston refinery, which processes crude oil into products such as gasoline, diesel and jet fuel. Co.'s reportable segments include: Olefins and Polyolefins - Americas; Olefins and Polyolefins - Europe, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. |
When researching a stock like LyondellBasell Industries NV, 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 LYB 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 LYB 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 LYB 200 day moving average ("LYB 200 DMA"), while one of the most popular "shorter look-backs" is the LYB 50 day moving average ("LYB 50 DMA"). A chart showing both of these popular moving averages is shown on this page for LyondellBasell Industries NV. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the LYB 200 DMA and the LYB 50 DMA, we get a moving average convergence divergence indicator ("LYB MACD"). The LYB 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).