January 17, 2018
Understand that this stock is another multilevel marketing structure company. Study the stock price and compare with other MLM stock for reference.
US Stock Analysis
HLF Herbalife Quarter and Year High Low from 2013
2013 2014 were the best year for Herbalife stock. 2015 the stock try to test the 2013 low again. The stock has been on a rally since then. See chart for detail.
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.
HLF Herbalife and MACD
See chart, when price went up, the MACD sign went down. The stock price is now sideways and narrow. What will happen next? Will see.
Herbalife and Nu Skin Correlation
From a correlation stand point, see chart both stock are in the similar trend.
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.