| NortonLifeLock is a provider of cyber safety solutions. Co. helps customers protect their computer and mobile devices from online threats. Co.'s portfolio provides protection across three Cyber Safety categories, including Security, which Co.'s Norton 360 and Avira offerings provides protection for Personal Computers, Macs and mobile devices against malware, adware, ransomware and other online threats; Identity Protection, which identities theft protection solutions includes monitoring and restoration services to help safeguard its customers' personal information; and Online Privacy, which Co.'s VPN solutions enhances security and online privacy by providing an encrypted data tunnel. |
When researching a stock like NortonLifeLock, 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 NLOK 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 NLOK 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 NLOK 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.