MACD (12,26,9)default setting:
(12) – The 12 period exponentially weighted average (EMA) or 'fast line'
(26) – The 26 period EMA or 'slow line'
(9) – The 9 period EMA of the MACD line, known as the 'signal line'
The histogram also shows the strength of the trend. Let's take a look at the free Pifzer PFE stock.