GREY:CUDBF - Post by User
Post by
yukon_goldon Nov 12, 2012 11:22pm
1066 Views
Post# 20591372
POP.V Nov 13 2012 Bullish MACD
POP.V Nov 13 2012 Bullish MACD Petro One Energy Corp
(POP:TSXV)
Event Details for: Bullish MACD
| The MACD (Moving Average Convergence Divergence) plots the difference between a shorter-term (12-bar) and a longer-term (26-bar) exponential moving average (EMA). Bullish and bearish events are generated respectively as the MACD fluctuates above and below zero to indicate whether prices in the shorter term are stronger or weaker than the longer term average. A 9-period EMA of the MACD is overlayed as a "signal line" which smooths out the MACD to provide a clearer view of whether it's moving upward or downward. A bullish event is generated when the MACD crosses above the signal line, showing that the current MACD is actually higher than its average, a sign of increasing strength for the price. The opposite is true for bearish events which signal decreasing strength in price as the MACD crosses below the signal line showing that it's now below average. |
| Event Date: | Nov 12, 2012 | | Opportunity Type: | Short-Term Bullish | | Close Price: |
.25 | | | Price Period: | Daily | | Volume: | 12,850 | |
