Exelon is a utility services holding company. Through its subsidiaries, Commonwealth Edison Company, PECO Energy Company, Baltimore Gas and Electric Company, Potomac Electric Power Company, Delmarva Power & Light Company, and Atlantic City Electric Company, Co. engages in the energy distribution and transmission businesses. Co.'s subsidiary, Exelon Business Services Company, LLC, provides support services including legal, human resources, financial, information technology, and supply management services. Co.'s subsidiary, PHI Service Company, provides support services including legal, finance, engineering, customer operations, distribution and transmission planning, and power procurement.
When researching a stock like Exelon, 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 EXC 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 EXC 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 EXC 200 day moving average ("EXC 200 DMA"), while one of the most popular "shorter look-backs" is the EXC 50 day moving average ("EXC 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Exelon. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the EXC 200 DMA and the EXC 50 DMA, we get a moving average convergence divergence indicator ("EXC MACD"). The EXC 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). |