Let's hustle with indicators! (MACD for 10/11)

Technical DNA wrote a column · Oct 11, 2021 16:45

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!

I've updated this column for 2 weeks and thanks for your feedbacks and suggestions . I tried to reply to every comment and to interpret some basic indicators, such as turnover & volume. I'm looking forward to getting more feedbacks from you, like did you try to buy or sell stocks by any indicators? Are they useful? Tell me more pls .

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 10/11)

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?

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.
$Verizon (VZ.US)$ $Charter Communications (CHTR.US)$ $Qualcomm (QCOM.US)$ $Infosys (INFY.US)$ $Beyond Meat (BYND.US)$

Updated at 4:43 AM ET, October 11

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

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DP涨跌询问处 : Divergence only means that the strength could be weakening. It does not mean a trend change. MACD is not a good trend indicator. No indicator should be used alone.

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Jas1616 : Using MACD alone doesn’t give you an accurate overlook. You still need to pair up with another indicator to have a greater chance of confirmation.

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Technical DNA OP DP涨跌询问处 : Thanks for your comment
Exactly! No indicator should be used alone I’m trying to provide a list of stocks with MACD divergence, which is one of the most typical technical indicators. I’m trying to combine more indicators to pick stocks so hopefully I’ll provide a more reasonable list in the near future you can also tell me how you pick a stock and what indicators you use, thanks in advance

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Technical DNA OP Jas1616 : Hey Jas1616, thanks for your comment
Thanks for your comment
Exactly! No indicator should be used alone I’m trying to provide a list of stocks with MACD divergence, which is one of the most typical technical indicators. I’m trying to combine more indicators to pick stocks so hopefully I’ll provide a more reasonable list in the near future you can also tell me how you pick a stock and what indicators you use, thanks in advance

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Technical DNA

To invest with technical indicators.

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