| Anthem is an insurance holding company. Through its subsidiaries, Co. is a health benefits company, serving medical members through its affiliated health plans. Co. has four segments: Commercial and Specialty Business, which provides fully-insured health products, managed care services; Government Business, which includes Medicare and Medicaid businesses, its subsidiary, National Government Services, and services provided to the federal government in connection with its Federal Health Products and Services business; IngenioRx, which includes its pharmacy benefit management business; and Other, which includes Diversified Business Group, which is its integrated health services business. |
When researching a stock like Anthem, 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 ANTM 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 ANTM 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 ANTM 200 day moving average ("ANTM 200 DMA"), while one of the most popular "shorter look-backs" is the ANTM 50 day moving average ("ANTM 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Anthem. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the ANTM 200 DMA and the ANTM 50 DMA, we get a moving average convergence divergence indicator ("ANTM MACD"). The ANTM 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).