January 19, 2018
Shanghai Stock Analysis
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below. Thereafter slowly climb up, step by step.
600588.SS 用友网络 UFIDA Software Year High Low
In 2015 the stock try to test the high of 75, but fail. The stock the test the low of 15.
Have fun!
January 19, 2018 UFIDA Software Year High Low From 2007
600588.SS UFIDA Software and MACD
Use a different tool such as MACD indicator, we can see much better, we see the price keeps forming higher high, but the MACD signals just forming lower low. So, it gives you a clue that the trend might be ending.
You can also use the breakout strategy on MACD signals. You also use the MACD signal for confirmation.
Will see. Have fun!
January 19, 2018 UFIDA Software and MACD
600588.SS UFIDA Software and Dead Cat Bounce
See chart for details.
January 18, 2018 UFIDA Software and Dead Cat Bounce
Moses
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.