| Seagate Technology provides data storage technology and solutions. Co.'s principal products are hard disk drives (HDDs). In addition to HDDs, Co. produces a range of data storage products including solid state drives, solid state hybrid drives and storage subsystems. Co.'s HDD products are designed for: mass capacity storage, which supports storage applications, including nearline, video and image applications and network-attached storage; and legacy markets, which include mission critical, desktop, notebook, consumer, DVR, and gaming applications. Co.'s HDD and SSD product portfolio includes Serial Advanced Technology Attachment, Serial Attached SCSI and Non-Volatile Memory Express. |
When researching a stock like Seagate Technology, 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 STX 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 STX 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 STX 200 day moving average ("STX 200 DMA"), while one of the most popular "shorter look-backs" is the STX 50 day moving average ("STX 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Seagate Technology. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the STX 200 DMA and the STX 50 DMA, we get a moving average convergence divergence indicator ("STX MACD"). The STX 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).