Dominion Energy is a holding company. Through its subsidiaries , Co. is engaged in producing and transporting energy. Co.'s operations are conducted through its subsidiaries: Virginia Electric and Power Company, which is a regulated public utility that generates, transmits and distributes electricity for sale in Virginia and North Carolina; and Dominion Energy Gas Holdings, LLC, which serves as the intermediate parent company for Co.'s Federal Energy Regulatory Commission-regulated interstate natural gas transmission pipeline and underground storage systems in the eastern and Rocky Mountain regions, as well as for the liquefied natural gas import/export and storage facility.
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). |
Video: Technical Analysis