| Discovery, through its subsidiaries, is a media company that provides content across distribution platforms, including pay-television, free-to-air and broadcast, other digital distribution platforms and content licensing agreements. Co.'s portfolio of networks includes nonfiction television brands such as Discovery Channel, TLC, Animal Planet, and Investigation Discovery. Co.'s portfolio includes Eurosport, a sports entertainment provider. Co. classifies its operations in two segments: U.S. Networks, consisting of domestic television networks and digital content services, and International Networks, consisting of international television network brands and digital content services. |
When researching a stock like Discovery, 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 DISCA 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 DISCA 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 DISCA 200 day moving average ("DISCA 200 DMA"), while one of the most popular "shorter look-backs" is the DISCA 50 day moving average ("DISCA 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Discovery.