January 4, 2017
China Stock Analysis
600784.SS LuYin Investment 鲁银投资 Trend Line
Connecting the low and draw a line, a trendline. When the line slopping up, an uptrend trendline. Connecting the high and draw a trendline. When the line slopping down, and downtrend trendline.
See 鲁银投资 chart, the stock was on a rising mode, it was bullish, but the stock declines in 2017, we see the stock downtrend, down flow and bearish.
What will happen for 2018? Up or down? Will see.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software.
January 3, 2017 LuYin Investment 鲁银投资 and Trend
600784.SS LuYin Investment 鲁银投资 Charting Data Since 2014
See chart, from 2014 the price test the high and drop down, it is like a dead cat bounced.
January 3, 2017 600784.SS LuYin Investment 鲁银投资 Data Since 2014
600784.SS LuYin Investment 鲁银投资 and MACD
See chart, for the last several months and its MACD signals, what have you got? What is your short term and long term trading plan for this stock.
May be stay out as the stock price is not attractive at all. Have fun!
January 3, 2017 600784.SS LuYin Investment 鲁银投资 and MACD Singals
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.