| NVR is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings, all of which are constructed on a pre-sold basis. Co. conducts its homebuilding activities directly. Co.'s homebuilding operations construct and sell single-family detached homes, townhomes and condominium buildings under three trade names: Ryan Homes, which is marketed primarily to first-time and first-time move-up buyers; and NVHomes and Heartland Homes, which are marketed primarily to move-up and luxury buyers. Co.'s mortgage banking operations also include separate subsidiaries that broker title insurance and perform title searches in connection with mortgage loan closings. |
When researching a stock like NVR, 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 NVR 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 NVR 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 NVR 200 day moving average ("NVR 200 DMA"), while one of the most popular "shorter look-backs" is the NVR 50 day moving average ("NVR 50 DMA"). A chart showing both of these popular moving averages is shown on this page for NVR. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the NVR 200 DMA and the NVR 50 DMA, we get a moving average convergence divergence indicator ("NVR MACD"). The NVR 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).