| Ameren is a public utility holding company. Through its subsidiary, Union Electric Company, Co. operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas distribution business. Through its subsidiary, Ameren Illinois Company, Co. operates rate-regulated electric transmission, electric distribution, and natural gas distribution businesses. Through its subsidiary, Ameren Transmission Company of Illinois, Co. operates a Federal Energy Regulatory Commission rate-regulated electric transmission business. Co. also has other subsidiaries that conduct other activities, such as providing shared services. |
When researching a stock like Ameren, 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 AEE 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 AEE 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 AEE 200 day moving average ("AEE 200 DMA"), while one of the most popular "shorter look-backs" is the AEE 50 day moving average ("AEE 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Ameren. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the AEE 200 DMA and the AEE 50 DMA, we get a moving average convergence divergence indicator ("AEE MACD"). The AEE MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).