MACD: Learn to Recognize Trade Setups See examples in Pfizer, Inc. (PFE) and Intel Corp. (INTC) By Elliott Wave International Just as there are patterns in price, there are also patterns in momentum indicators. These patterns can support your Elliott wave analysis and help you identify tradable moves in price. In this 10-minute lesson from […]
Moving Average Convergence Divergence or MACD, is a technical indicator that uses the difference between the short-term and long-term price trends to anticipate future price movements. To calculate MACD, we first subtract the security’s 26-day Exponential Moving Average from the 12-day Exponential Moving Average. Secondly, plot a 9-day Moving Average called a signal line on top of the MACD on a chart. The signal line serves as a trigger for buying and selling decisions. For most traders, […]
