| Kinder Morgan is an energy infrastructure company. Co.'s segments are: Natural Gas Pipelines, which owns and operates main interstate and intrastate natural gas pipeline and storage systems, among others; Products Pipelines, which owns and operates refined petroleum products, crude oil and condensate pipelines; Terminals, which owns and/or operates liquids and bulk terminal facilities; and Carbon Dioxide (CO2), which produces, transports and markets CO2, owns and/or operates oil fields and gasoline processing plants in West Texas, owns and operates a crude oil pipeline system in West Texas, and owns and operates renewable natural gas and liquefied natural gas facilities in Indiana. |
When researching a stock like Kinder Morgan, 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 KMI 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 KMI 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 KMI 200 day moving average ("KMI 200 DMA"), while one of the most popular "shorter look-backs" is the KMI 50 day moving average ("KMI 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Kinder Morgan. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the KMI 200 DMA and the KMI 50 DMA, we get a moving average convergence divergence indicator ("KMI MACD"). The KMI 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).