January 21, 2018
Singapore Stock Analysis
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. Thereafter slowly climb up, step by step.
N21U Mapletree Commercial Trust Year High Low
Study the chart, you may find last three years the high were about the similar level. Are the stock hit a solid resistance? The price is also narrow. There are only two things that would happen, the price action either move up or down. Of course the last thing will happen is the price action moves sideway.
Have fun!
January 19, 2018 Mapletree Commercial Trust Weekly and Year High Low
N21U Mapletree Commercial Trust and MACD
Use a different tool such as MACD indicator, we can see much better, we see the price keeps forming higher high and higher low, and MACD signals begin to form lower high and lower low.
So, the trend ready to change.
Will see. Have fun!
January 19, 2018 Mapletree Commercial Trust Weekly 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.