MACD
/ˈmækdiː/
moving average convergence divergence — a trend-following momentum indicator showing the relationship between two moving averages
MACD in a sentence
“The MACD crossover signal triggered the algorithm to enter a long position.”
Origin of MACD
Acronym coined by Gerald Appel in the 1970s
Related Words
Fibonacci retracement
horizontal lines on a chart at key Fibonacci ratios indicating where support or resistance may occur
overbought
describes a security that has risen sharply and may be due for a price correction
volume
the total number of shares or contracts traded for a security during a given period
support level
a price point where buying interest is strong enough to prevent further decline
resistance level
a price point where selling pressure is strong enough to prevent further advance
moving average
a calculation that smooths price data by creating a constantly updated average price over a defined period