Norfolk Southern Corporation is a holding company, which is engaged in the rail transportation business. Co. is engaged in the rail transportation of raw materials, intermediate products, and finished goods in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the U.S.. Co. also transports overseas freight through several Atlantic and Gulf Coast ports. It offers an intermodal network in the eastern half of the U.S.. Its railroad operations system reaches various manufacturing plants, electric generating facilities, mines, distribution centers and transload facilities.
When researching a stock like Norfolk Southern, 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 NSC 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 NSC 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 NSC 200 day moving average ("NSC 200 DMA"), while one of the most popular "shorter look-backs" is the NSC 50 day moving average ("NSC 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Norfolk Southern. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the NSC 200 DMA and the NSC 50 DMA, we get a moving average convergence divergence indicator ("NSC MACD"). The NSC 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