Let's hustle with indicators! (MACD for 10/1)
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. Follow me pls to know more about indicators!
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.
Therefore, the indicator 'MACD bottom divergence' aims to find stocks that are likely to go up in the future.
Tips: As shown in the pic, the indicator could be useful in short-term investment, so don't hold the stocks too long if you buy them on the indicator. Sell them in time when you make a profit!
Learn More:How to trade using MACD indicator?
Learn More:How to trade using MACD indicator?
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.
$Verizon (VZ.US)$ $Pfizer (PFE.US)$ $Union Pacific (UNP.US)$ $Kohl's Corp (KSS.US)$ $TJX Companies (TJX.US)$
$Verizon (VZ.US)$ $Pfizer (PFE.US)$ $Union Pacific (UNP.US)$ $Kohl's Corp (KSS.US)$ $TJX Companies (TJX.US)$
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
Bawlz09 : very cool bro thanks.. I kinda need to learn more about pairs (grouping indicators together for algos).. and turnover always confuses me lol so ill have to check out more when I have time.
Technical DNA OP Bawlz09 : Hey Bawlz09, thanks for your comment.
I’m very happy that you find this is helpful so just follow me cos I’ll update more about indicators. And yup turnover is one of the most important indicators. A high turnover means the stock is highly traded, which means the stock price could fluctuate a lot — and you can profit from that
AdeeMille : Great.. Learned a lot! Thank you
Technical DNA OP AdeeMille :
LuckyDoggie88 : goooood
Technical DNA OP LuckyDoggie88 :
crissme33 : great info I am looking in to this.
Winning Trades : I like to look for divergences too, but I don't know how to look for them easily in a "technical top-down approach.", ie. my low-tech way is a "bottom-up approach" where I select stocks one by one to check. Can you pls share how you generate yr list ? Perhaps use Sg stocks as an example ? Tks in advance.
Technical DNA OP crissme33 : Thanks
Technical DNA OP Winning Trades : Hey Winning Trades, thanks for ur comment
Good question!!! Yup you can absolutely do this by urself, firstly you need to download the Moomoo for PC, then you can screen the stocks by the ‘screener’ function
View more comments...