The Williams Companies, Inc. is an energy company. Its segments include Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services. Transmission & Gulf of Mexico segment comprises of its interstate natural gas pipelines, Transco and Northwest Pipeline, as well as natural gas gathering and processing and crude oil production handling and transportation assets in the Gulf Coast region. The Northeast G&P segment comprises of its midstream gathering, processing and fractionation businesses in the Marcellus Shale region, and the Utica Shale region of eastern Ohio.
When researching a stock like Williams Cos, 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 WMB 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 WMB 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 WMB 200 day moving average ("WMB 200 DMA"), while one of the most popular "shorter look-backs" is the WMB 50 day moving average ("WMB 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Williams Cos. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the WMB 200 DMA and the WMB 50 DMA, we get a moving average convergence divergence indicator ("WMB MACD"). The WMB 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). |