Let's hustle with indicators! (MACD for 9/30)
Hey mooers, welcome to Technical DNA's column![]()
![]()
. I'm using technical indicators to seek good investment opportunities. Today I'm going to introduce an extremely useful indicator, the MACD divergence![]()
![]()
.
What is MACD divergence?
The 'MACD divergence' is a situation where the price creates higher tops and the MACD creates a raw of lower tops, or the price creates a lower bottom and the MACD creates higher bottoms, MACD divergence after a significant uptrend indicates that the buyers are losing power and MACD divergence after downtrend indicates the sellers losing power.
![Let's hustle with indicators! (MACD for 9/30)](https://ussnsimg.moomoo.com/7678595572399943817.png/bigmoo)
Therefore, the indicator 'MACD bottom divergence' aims to find stocks that are likely to go up in the future.
Technical DNA collects 10 most-traded bottom divergence tickers from stocks with market cap of more than $2B, aiming to help investors look for good investment opportunities.
$Zoom Video Communications(ZM.US$ $Roku Inc(ROKU.US$ $Coinbase(COIN.US$ $Barrick Gold(GOLD.US$ $NXP Semiconductors(NXPI.US$
$Zoom Video Communications(ZM.US$ $Roku Inc(ROKU.US$ $Coinbase(COIN.US$ $Barrick Gold(GOLD.US$ $NXP Semiconductors(NXPI.US$
![Let's hustle with indicators! (MACD for 9/30)](https://ussnsimg.moomoo.com/2108165316006663625.png/bigmoo)
Btw I'm collecting feedbacks so please leave your comments here if you have any suggestions, and I will continue to improve! ![]()
![]()
![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Hoot9e : So Barrick will up or down today, to confirm your skill
sky vinc : ok
Mike Hunt : The 2 factors always are the strength of the dollar and bond yields. 10 year bond dropped huge today.
Mike Hunt : $Roku Inc (ROKU.US)$ has great fundamentals but the chart has been ugly. Hopefully turning around!
Technical DNA OP Mike Hunt : Hey Mike Hunt, thanks for your comment![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Yup, ROKU is a good stock to buy, besides the bottom divergence, there’s a clear double top at $500 if you look at the chart. That’s a fancy way of saying that’s where the sellers sit, but conversely, right at that $300 level, right around where the stock is trading now, that has been where the buyers have showed up over the last few months — that’s the support level
Good luck Pal
Valery S : Zoom-shld be able to buy small position today?
Technical DNA OP Valery S : Hey Valery S![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
I post this yesterday and it was a good chance to buy ZM, but now, yes, I still think you can buy it. If you look at the chat you’ll find there’s an obvious MACD divergence. So the buy side power could last for a period of time
Technical DNA OP Valery S : *chart![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Mike Hunt : How about a list of tickers trading with a P/B of less than 1 ( but of course not negative). Stocks like $SOS Ltd (SOS.US)$ and $Nano Dimension (NNDM.US)$ because to me, those are arbitrage opportunities