September 1, 2017
丰华股份 600615.SS Shanghai Fenghwa and MACD Signals
Picture worth a thousand words. See chart for more. Share price is moving in zigzag. The share price reach the bottom and bounce; forms a higher low. If you see carefully, you probably see a head and shoulders. Is this going to be a sign of reversalt? I do not know.
On another hand the MACD signal begin to form higher low. Is this a signal a trend is ending and about to reverse. Will see.
Thanks for visit the site here. You could also find free MACD scan here in this site too.
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.
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