| IHS Markit is an information company. Co.'s segments include: Financial Services, which provides pricing and reference data, indices, valuation and trading services, trade processing, enterprise software, and managed services; Transportation, which serves the automotive value chain with a focus on original equipment manufacturers, parts suppliers, and dealers, as well as provides, on behalf of the International Maritime Organization, the global ID for various ocean-going ships; and Resources, which provides technical information, analytical tools, and market forecasting and consulting for the upstream industry, as well as provides midstream market analysis and supply chain data. |
When researching a stock like IHS Markit, 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 INFO 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 INFO stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of these ways is called the Relative Strength Index, or RSI. This popular indicator, originally developed in the 1970's by J. Welles Wilder, looks at a 14-day moving average of a stock's gains on its up days, versus its losses on its down days. The resulting INFO RSI is a value that measures momentum, oscillating between "oversold" and "overbought" on a scale of zero to 100. A reading below 30 is viewed to be oversold, which a bullish investor could look to as a sign that the selling is in the process of exhausting itself, and look for entry point opportunities. A reading above 70 is viewed to be overbought, which could indicate that a rally in progress is starting to get crowded with buyers. If the rally has been a long one, that could be a sign that a pullback is overdue.