21 July, 2019
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PZZA Papa John’s International Inc Stock Charting
Study Papa John’s International Inc Stock chart and Guppy Multiple Moving Average.
See chart, picture worth a thousand words.
GMMA uses two group of Moving Averages to identify trend change or breakout. See chart, when short-term MA moves below longer-term MA, bear trend. When short-term MA moves above longer-term MA, bull trend.
Trade with your eyes open.
Guppy Multiple Moving Average
Guppy Multiple Moving Average (GMMA) is an indicator to identify changing trends, or breakouts in the price action by combining two groups of moving averages (MA) with different time periods.
The short-term MAs are typically set at 3, 5, 8, 10, 12, and 15 periods. The longer-term MAs are typically set at 30, 35, 40, 45, 50, and 60.
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.