| WEC Energy Group is a holding company. Through its subsidiaries, Co. provides regulated natural gas and electricity, and nonregulated renewable energy. Co.'s segments include: Wisconsin, which generates and distributes electric energy and provides retail natural gas distribution service; Illinois, which includes the natural gas utility operations; Electric Transmission, which owns, maintains, monitors, and operates electric transmission systems in Wisconsin, Michigan, Illinois, and Minnesota; and Non-Utility Energy Infrastructure, which owns and leases generating facilities to its Wisconsin Electric Power Company subsidiary and owns underground natural gas storage facilities in Michigan. |
When researching a stock like WEC Energy Group, 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 WEC 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 WEC 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 WEC 200 day moving average ("WEC 200 DMA"), while one of the most popular "shorter look-backs" is the WEC 50 day moving average ("WEC 50 DMA"). A chart showing both of these popular moving averages is shown on this page for WEC Energy Group. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the WEC 200 DMA and the WEC 50 DMA, we get a moving average convergence divergence indicator ("WEC MACD"). The WEC 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).