Teleflex Incorporated is a global provider of medical technology products. Co. primarily designs, develops, manufactures and supplies single-use medical devices used by hospitals and healthcare providers for common diagnostic and therapeutic procedures in critical care and surgical applications. Co. has four segments: Americas, EMEA (Europe, the Middle East and Africa), Asia (Asia Pacific) and OEM (Original Equipment Manufacturer and Development Services). OEM segment designs, manufactures and supplies devices and instruments for other medical device manufacturers.
When researching a stock like Teleflexorporated, 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 TFX 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 TFX 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 TFX 200 day moving average ("TFX 200 DMA"), while one of the most popular "shorter look-backs" is the TFX 50 day moving average ("TFX 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Teleflexorporated. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the TFX 200 DMA and the TFX 50 DMA, we get a moving average convergence divergence indicator ("TFX MACD"). The TFX 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). |