Wabtec primarily serves the global freight rail and passenger transit industries. Co. provides its products and services via two main segments: the Freight, which manufactures and provides aftermarket parts and services for new locomotives; provides components for new and existing locomotives and freight cars; builds new commuter locomotives; supplies rail control and infrastructure products including electronics, positive train control equipment, signal design and engineering services; and provides a suite of software-enabled solutions in the transportation and mining industries; and the Transit, which manufactures and services components for new and existing passenger transit vehicles.
When researching a stock like Wabtec, 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 WAB 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 WAB 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 WAB 200 day moving average ("WAB 200 DMA"), while one of the most popular "shorter look-backs" is the WAB 50 day moving average ("WAB 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Wabtec. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the WAB 200 DMA and the WAB 50 DMA, we get a moving average convergence divergence indicator ("WAB MACD"). The WAB 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