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Macdivergence

What is a bearish divergence?What is the Moving Average Convergence Divergence (MACD) Indicator? The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator. The indicator tells us the relationship between two moving averages of the security price. To determine MACD subtract the 26-period exponential moving average from the 12-period exponential moving average. There is a nine-day exponential moving average of the MACD that is used as the "signal line." Whenever MACD crosses the signal line that is an indication to sell or buy. The histogram indicates strength. Dark green means the bulls are stronger. Light green means the bulls are weak. Dark red means the bears are strong. Light red means the bears are weak. The centerline for MACD is 0. What is a bearish divergence? A bearish divergence occurs when the price rise to a new high but the indicator new peak is lower than the previous high peak. Forecastability of the bearish divergence The bearish divergence indicator predicts a bearish future for the stock. However, do not assume a bearish divergence will be bearish all the time. There is an exception: in a strong bull market, the bearish divergence will transform itself and the uptrend may continue. Thank you for reading! Greenfield Remember to click "Like" and "Follow" to see more articles. Disclosure: Article written by Greenfield. A market idea by Greenfield Analysis LLC for educational material only.
NYSE:NIOEducation
by GreenfieldAnalysis
13
Price rising and continuing its upward macro trend at LINKUSDT Technical analysis regarding the price of CHAINLINK in relation of dollar Tether for the next scenarios, based on 4 hour movement. Price forming rising tops/bottoms ~upward trend~ and has been respecting this channel. So far there has been no disagreement with the MACD, if any, even better to confirm this bullish leg. Exponential Moving Averages taking parallel spacing and that of 34 periods guiding the price. Target prices suggested in the graph. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Long
by luizhcruz
2
Is the Market Due for a Correction?The SPY has been trading in an upward parallel channel since November - briefly dipping below during the selloff last week before sharply recovering. I believe the market is due for a more extended correction for several reasons: - The MACD and RSI are both displaying negative divergences, which is a bearish signal. - Furthermore, the On-Balance Volume (OBV) is trending down. This indicates that smart money (aka institutional money) is flowing out of the market, possibly because they are anticipating a market-wide correction. - The SPY could continue trading to the top of its channel, which coincides with the upper Bollinger band and the 0.618 Fibonacci trend extension. Each of these indicators can act as resistance as the price approaches from below. I will likely take some profit and/or hedge agaisnt downside risk with UVXY calls before the end of the week. Good luck trading.
AMEX:SPY
by otis_bagshots
5
Nifty analysis with Time Speculation Daily TimeFrame (Shorting)Hi ac we can see there are regular Bearish Divergence with MACD Lines and Histograms which is the sign of trend reversal and price correction... the index was bullish from march 2020 as the corona pandemic made a huge fall in the economy so post pandemic we can see the market had a bullish return to its past trend and even made new ATH, so to me we are now at the Overbought zone and soon we should face some correction and retracements. the Fibonacci golden areas can be used as some safe and rational TP targets and clubbing it with MACD will give us better vision of the market status. I have speculated some dates with Higher Lows data by Fibonacci Time Base tools, which we may see the TP zones but these dates are at most and the Specified TPs can occurs at any given time before these dates even... please refer to the Snapshot analysis for the prices and specified time in the link below and it helps us to see the Idea grows as the time passes... please comment your opinions about this idea
NSE:NIFTYShort
by BitonGroup
APT - Getting Very RiskyAPT has been forming Higher Highs and has been in a superb uptrend but now it looks very risky at such elevated levels. As we can see that it has been supported by the upward trendline, we should also notice a Bearish Divergent MACD Cross which indicates that the Bullish Momentum may be running out of steam for now. I believe that if we see the trendline break, we might see a follow through and price to plummet all the way down to Support at the $70.00 - $72.00 range. This could be a 35% move from current price level of $110.00. APT has been in a Long Term Uptrend and I think we might see a shift in the Medium Term Trend soon, which is fine and healthy for the Long Term Uptrend to continue. Please note these are my own notes, by no means trading advise. Please do your own research before entering into any trade.
AShort
by AsimMirzaTrader
2