4 Today’s MACD Bullish Signals

Inside this article you find companies that show a potential Buy signal from one of the most famous oscillator: MACD (Moving Average Convergence / Divergence).

What is the MACD?

The MACD (Moving Average Convergence / Divergence) is made up of 2 lines:

  • The MACD line is calculated as the difference between the 12 period exponential moving average and the 26 period exponential moving average
  • The Signal line is calculated as the 9 period exponential moving average of the MACD line

MACD – Potential Buy Signals

The potential Buy signals generated by the MACD within a positive underlying trend can be of 2 types:

  • The MACD line crosses the Signal Line upwards
  • The MACD line rises above the 0 line

The following are the companies that show a potential buy signal based on the 2 types of signals just described.

Inside the charts there is a red line that refers to a price level that could support the price growth until it is exceeded downward, price hypothetical where the stop-loss could be placed.

None of the patterns below guarantee success because there may be false buy signals. The purpose of this analysis is purely informative.


Workday Inc (WDAY)

McDonalds Corp (MCD)

Laboratory Corp Amer Holdings (LH)

Zebra Technologies (ZBRA)


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Source:

*Charts by tradingview.com


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