December 26, 2017
Four more trading days year 2017 will be concluded. See some of the stock 2017 performance.
Singapore Stock Analysis
S63 Singapore TECH Engineering and Month High Low
Singapore TECH Engineering was working hard from the start of 2017, and hits the peak of 3.85. Retest the peak but from August start to fail to hold the stock price and begin to decline. Finally return to the low of end 2016, but still not too bad, the price is above 3.15. For those whom bought in at the peak to have a lost of 70 cents. Let check what MACD indicator has to say about this stock. See chart that follows.
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.
Singapore TECH Engineering and MACD Indicator
MACD signals go below zeroline since August, and stay below zeroline.
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.