A diagnostic apparatus and method for sensing a signal emanating from a machine and determining a periodic machine event based on the emanated signal. The apparatus includes analog to digital processing components for digitizing the sensed signal, producing a digitized signal. The apparatus also includes a transform algorithm, memory, an analysis algorithm, and a display. The transform algorithm transforms the digitized signal to generate power spectral density and autocorrelation data which is stored in the memory. The analysis algorithm includes criteria for analyzing the stored power spectral density and autocorrelation data to determine a period machine event based at least in part upon the autocorrelation data. The display displays the periodic machine event to a user. In the event of a suspected defect or fault, the device alerts the user. The user may then elect to proceed with repairs or undertake advanced analysis of the suspected fault as economy dictates.

 
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