Let's hustle with indicators! (MACD for 10/4)
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!
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.
$Alibaba (BABA.US)$ $Pfizer (PFE.US)$ $CVS Health (CVS.US)$ $Wayfair (W.US)$ $Newmont (NEM.US)$
$Alibaba (BABA.US)$ $Pfizer (PFE.US)$ $CVS Health (CVS.US)$ $Wayfair (W.US)$ $Newmont (NEM.US)$
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.
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chuckies : Wow
ZiLi18 : Wonderful
70783405redsss : useful information thanks
Mike Hunt : Maybe a column with 52 week low would be useful to be able to quickly see where a stock’s price is relative to that floor
Technical DNA OP chuckies :
Technical DNA OP celineker :
Technical DNA OP ZiLi18 :
Technical DNA OP 70783405redsss :
Technical DNA OP Mike Hunt : Hey Mike Hunt, thanks for ur suggestion
Yup a column with a period of time low could be useful but to take the price as a single factor predicting the bottom of the chart is not reasonable enough. As known one of the principles is don’t buy the falling assets, so when ya trynna buy the dip, make sure the volume&turnover rebound
Mike Hunt Technical DNA OP : The Demarker reversal indicator that MooMoo gives you has been a game changer for me
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