Moving Average Convergence Divergence
The Moving Average Convergence Divergence (MACD) is a technical indicator used in stock analysis. It is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A 9-day EMA of the MACD is then plotted as a signal line to identify potential buying and selling signals.
The MACD can provide information on the momentum of a company's stock price and helps traders identify trends and potential changes in direction. It is often used in conjunction with other technical indicators and fundamental analysis to assist in making investment decisions.
Additional Details
| Metric Name | Type | Default Period Type |
|---|---|---|
| macd | technical | D |
Formatting Details
| Data Format | Display Format | Unit |
|---|---|---|
| float | number | float |