What is the Moving
Average Convergence Divergence - MACD
Moving average
convergence divergence (MACD) simplest tool of Technical Analysis of Stock
Market.
Moving average
convergence divergence (MACD) is a trend-following momentum indicator that
shows the relationship between two moving averages of prices.
Moving average
convergence divergence (MACD) is one of the simplest and most effective
momentum indicators available. The MACD turns two trend-following indicators,
moving averages, into a momentum oscillator by subtracting the longer moving
average from the shorter moving average.
Calculation
MACD Line: (12-day EMA - 26-day EMA)
Signal Line: 9-day EMA of MACD Line
MACD Histogram: MACD Line - Signal Line
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