Let's hustle with indicators! (MACD for 11/3)
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. ![]()
![]()
![]()
$Expedia(EXPE.US$ $British American Tobacco(BTI.US$ $The Interpublic Group of Companies(IPG.US$ $GoDaddy(GDDY.US$ $Texas Roadhouse(TXRH.US$
$Expedia(EXPE.US$ $British American Tobacco(BTI.US$ $The Interpublic Group of Companies(IPG.US$ $GoDaddy(GDDY.US$ $Texas Roadhouse(TXRH.US$
![Let's hustle with indicators! (MACD for 11/3)](https://ussnsimg.moomoo.com/3653732682846385806.png/bigmoo)
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 11/3)](https://ussnsimg.moomoo.com/3248766268041261362.png/bigmoo)
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!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
101842143 Faye : Latest