MACD (Moving Average Convergence Divergence)
SKU:
$0.00
per item
MACD (Moving Average Convergence Divergence) is an indicator that detects changes in momentum by comparing two moving averages.
The MACD can help traders identify possible buy and sell opportunities around support and resistance levels.
‘Convergence’ means that two moving averages are coming together, while ‘divergence’ means that they’re moving away from each other.
If moving averages are converging, it means momentum is decreasing, whereas if the moving averages are diverging, momentum is increasing.