| Nordson is a technology company that engages in engineering, manufacturing and marketing of products and systems used for precision dispensing, applying and controlling of adhesives, coatings, polymers, sealants, biomaterials, and other fluids, to test and inspect for quality, and to treat and cure surfaces and various medical products. Co. has three segments: Industrial Precision Solutions, which delivers proprietary dispensing and material processing technology; Medical and Fluid Solutions, which includes fluid management solutions; and Advanced Technology Solutions, which integrates Co.'s proprietary product technologies into the progressive stages of a customer's production processes.
When researching a stock like Nordson, 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 NDSN 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 NDSN 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 NDSN 200 day moving average ("NDSN 200 DMA"), while one of the most popular "shorter look-backs" is the NDSN 50 day moving average ("NDSN 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Nordson. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the NDSN 200 DMA and the NDSN 50 DMA, we get a moving average convergence divergence indicator ("NDSN MACD"). The NDSN 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).