Tech Analysis To Identify Trend Using MACD ๐ Day 2 (AMC As Example)
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Milk The Cow :Tech Analysis To Identify Trend Using Moving Average - MA ๐ Day 1 (AMC As Example)
Milk The Cow :Tech Analysis To Identify Trend Using Moving Average - MA ๐ Day 1 (AMC As Example)
What is moving average convergence divergence (MACD)?
Aย trend-following momentum indicator that shows the relationship between twoย moving averagesย of a securityโs price.
Aย trend-following momentum indicator that shows the relationship between twoย moving averagesย of a securityโs price.
MACD is calculated by subtracting the 26-periodย exponential moving averageย (EMA) from the 12-period EMA.
9-day EMA of the MACD called the "signal line". It's plotted on top of the MACD line to function as a trigger for buy and sell signals.
NOTE: Actually u do not really need to know the calculation of MACD to use it.
The MACD indicator in the apps has already done those for u.
But, it's still good to know.
The MACD indicator in the apps has already done those for u.
But, it's still good to know.
Now that u know the definition of MACD, let's apply it on the $AMC Entertainment (AMC.US)$ graph ๐ . (Using mobile ๐ฑ version... damn, someone go do the desktop version for us.)
Select MACD (Tip: U double tap on graph from origin quotes to full screen the graph):
Extra informations:
U can go to "Indicators" setting to see the default setting for MACD in which I think nothing required changing (As shown in my previous post.)
U can go to "Indicators" setting to see the default setting for MACD in which I think nothing required changing (As shown in my previous post.)
So, how u use MACD?
Firstly, u will want check out @Meta Moo post on MACD:
Meta Moo :Technical Analysis Challenge Day 2 - MACD
(Not bad at all, that's generally the whole idea on how to use MACD .
Save me some troublesome work.
Though, I will still use it to apply on AMC as an example.)
Firstly, u will want check out @Meta Moo post on MACD:
Meta Moo :Technical Analysis Challenge Day 2 - MACD
(Not bad at all, that's generally the whole idea on how to use MACD .
Save me some troublesome work.
Though, I will still use it to apply on AMC as an example.)
P1:
(Monkey ๐ cannot draw ๐จ straight lines too)
Orange line = DIF (MACD Curve)
Blue line = DEA (Signal Curve)
Pink = MACD
Can be confusing but all u need to know is:
Orange line cut above Blue line = possible up trend
Orange line cut below Blue line = possible down trend
Both lines intercept = a signal for buy/sell
Blue line = DEA (Signal Curve)
Pink = MACD
Can be confusing but all u need to know is:
Orange line cut above Blue line = possible up trend
Orange line cut below Blue line = possible down trend
Both lines intercept = a signal for buy/sell
P2:
Note: As u see in the above image, negative value = Down trend
Positive value = Up trend
This is used to apply on P1. I mentioned those trend in P1 is just a possible short-term trend.
(Usually, u may want to buy at the positive value to be more safe. You ownself decide.)
Positive value = Up trend
This is used to apply on P1. I mentioned those trend in P1 is just a possible short-term trend.
(Usually, u may want to buy at the positive value to be more safe. You ownself decide.)
P3:
U may notice there're the green & the red.
I guess that's where u also determine a buy or sell.
I pay little attention to those.
Check out @Meta Moo for more informations (The moomoo tech analysis - TA ):
Meta Moo :Technical Analysis Challenge Day 2 - MACD
I guess that's where u also determine a buy or sell.
I pay little attention to those.
Check out @Meta Moo for more informations (The moomoo tech analysis - TA ):
Meta Moo :Technical Analysis Challenge Day 2 - MACD
Yup, that's all from me, I guess.
You've just ๐ from Milk The Cow Lesson on MACD if u have read ๐ all the way to here.
You've just ๐ from Milk The Cow Lesson on MACD if u have read ๐ all the way to here.
As always, DYODD first before investing
Edited:
Next update of posts sequence (event):
Milk The Cow :Tech Analysis To Identify Trend Using Exponential Moving Average - EMA ๐ Day 3 (AMC A...
Next update of posts sequence (event):
Milk The Cow :Tech Analysis To Identify Trend Using Exponential Moving Average - EMA ๐ Day 3 (AMC A...
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Meta Moo : very simple, concise and beautiful explained
Milk The Cow OP Meta Moo : Ty