Expand Energy Corporation, formerly Chesapeake Energy Corporation, is an independent natural gas producer in the U.S.. Co. is focused on developing a supply of natural gas, oil and natural gas liquids to expand energy access for all. Its large-scale assets are concentrated across more than 938,000 net acres in the Appalachia and Haynesville basins. Its Hayneville Shale is rich in natural gas with close proximity to LNG export infrastructure. Its Northeastern Appalachia position is located in the Marcellus Shale. Its operation in Ohio and West Virginia targets the Marcellus and Utica shales and provide oil and natural gas liquid. Co.'s operations include drilling, completion, and production.
When researching a stock like Expand 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 EXE 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 EXE 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 EXE 200 day moving average ("EXE 200 DMA"), while one of the most popular "shorter look-backs" is the EXE 50 day moving average ("EXE 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Expand Energy. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the EXE 200 DMA and the EXE 50 DMA, we get a moving average convergence divergence indicator ("EXE MACD"). The EXE 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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Video: Technical Analysis