May 26, 2019
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BA Boeing Company Stock Charting
Study Boeing Company stock chart and River.
See chart, picture worth a thousand words.
From chart, we see Slow MA, 200 MA going flat. And Fast MA, 34 MA slopping down and close below 200 MA, dead cross.
Price Action goes from above 34 MA to below suddenly.
Study the price action more closely, you see the price action close below 200 MA.
This happen in May 7 when China stock market leading the Asia market to decline. From the sources, this is trigger by the China US trade dispute escalated further on the date.
Trade with your eyes open.
Moving Average (MA) is a great visual tool for trend. When MA slopping up Price Action (PA) above MA, bull trend. When MA slopping down and Price Action below MA, bear trend. If Fast MA stay below Slow MA, this is also a bear trend.
Moses Stock Observation
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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.