February 19, 2017
Welcome to Moses’s Singapore Stock Analysis @ AmiBrokerAcademy.com.
DBS Group Holdings D05 and MACD Indicator
From the months high, we see the price breakout bullish, but the price seems to hit the resistance again. See chart for details.
Check the MACD indicator. MACD indicator is a good tool to see the strength of the price. MACD has signal is decline in strength, watch out.
February 17, 2017 DBS Group Holdings and MACD
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.