Tyler Technologies, Inc. is a provider of integrated software and technology management solutions for the public sector. Co.'s segments include Enterprise Software (ES) and Platform Technologies (PT). Its ES segment provides public sector entities with software systems and services to meet their information technology and automation needs for mission-critical back-office functions, such as public administration solutions; courts and public safety solutions; education solutions, and property and recording solutions.
When researching a stock like Tyler Technologies, 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 TYL 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 TYL 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 TYL 200 day moving average ("TYL 200 DMA"), while one of the most popular "shorter look-backs" is the TYL 50 day moving average ("TYL 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Tyler Technologies. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the TYL 200 DMA and the TYL 50 DMA, we get a moving average convergence divergence indicator ("TYL MACD"). The TYL 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). |