Dominion Energy is a holding company. Through its subsidiaries, Co. is a producer and distributor of energy. Co. is a provider of electricity, natural gas and related services to customers primarily in the eastern and Rocky Mountain regions of the U.S. Co.'s subsidiary, SCANA Corporation, is engaged in the generation, transmission and distribution of electricity in the central, southern and southwestern portions of South Carolina and in the distribution of natural gas in North Carolina and South Carolina. Co.'s another subsidiary, Virginia Electric and Power Company, is a regulated public utility that generates, transmits and distributes electricity for sale in Virginia and North Carolina.
When researching a stock like Dominion Energy, 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 D 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 D 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 D 200 day moving average ("D 200 DMA"), while one of the most popular "shorter look-backs" is the D 50 day moving average ("D 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Dominion Energy. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the D 200 DMA and the D 50 DMA, we get a moving average convergence divergence indicator ("D MACD"). The D 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). |
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