WEC Energy Group, Inc. is a diversified holding company. Co., through its wholly owned subsidiaries, provides or invests in regulated natural gas and electricity, and renewable energy, as well as non-regulated renewable energy. Its segment includes Wisconsin, Illinois, Other States and Electric Transmission. Wisconsin segment is engaged primarily in the generation of electricity and the distribution of electricity and natural gas in Wisconsin and generates electricity and distributes electricity and natural gas to customers located in the Upper Peninsula of Michigan. Illinois segment is engaged primarily in the distribution of natural gas in Illinois.
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. |