Let's hustle with indicators! (MACD for 10/13)

Technical DNA wrote a column · Oct 13, 2021 02:48

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.

Let's hustle with indicators! (MACD for 10/13)

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.
$Qualcomm (QCOM.US)$ $Johnson & Johnson (JNJ.US)$ $Charter Communications (CHTR.US)$ $Lam Research (LRCX.US)$ $Pfizer (PFE.US)$