What Is Moving Average Convergence Divergence: MACD Momentum Indicator Momentum Indicator?

Thursday, February 4th, 2010

A trend-following momentum indicator that shows the connection between two moving averages of prices, the MACD is calculated by subtracting the 26-day exponential moving average from the 12-day exponential moving average. A nine-day exponential moving average of the Moving Average Convergence Divergence (MACD) momentum indicator, called the “signal line”, is then plotted on top of [...]

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