Technical Analysis for RAVN - Raven Industries, Inc.

Raven Industries, Inc., together with its subsidiaries, provides various products for the industrial, agricultural, energy, construction, and military/aerospace markets in the United States and internationally. It operates in three segments: Applied Technology, Engineered Films, and Aerostar. The Applied Technology segment designs, manufactures, sells, and services precision agriculture products and information management tools that enable growers to enhance farm yields. Its products include field computers, application controls, GPS-guidance and assisted-steering systems, automatic boom controls, yield monitoring planter controls, and motor controls, as well as Slingshot, an integrated real-time kinematic navigation and information platform. This segment sells its products to original equipment manufacturers, as well as through after market distributors. The Engineered Films segment produces plastic films and sheeting for industrial, energy, construction, geomembrane, and agricultural applications. This segment sells plastic sheeting to independent third-party distributors through its sales force. The Aerostar segment designs and manufactures high-altitude research balloons and airships, tethered aerostats, and radar processing systems to provide research, communications, and situational awareness to government and commercial customers. This segment also sells military parachutes, uniforms, and protective wear to the U.S. government or U.S. government agencies as a prime or sub-contractor; and manufactures sewn and sealed products on a contract basis, as well as offers electronics manufacturing services for commercial customers. The company was founded in 1956 and is headquartered in Sioux Falls, South Dakota.
Energy Aerospace U.S. Government GPS Agricultural Applications