Stock Charting
Stock Screening
Stock Research
Stock Charting
Stock Screening
Stock Research
The MACD line is the Moving Average Convergence/Divergence Indicator. It is the result of subtraction one exponential moving average line from another exponential moving average line. When 2 moving average lines cross over, when you subtract them, the MACD will then be zero. Usually one EMA line is a short term one (in this example 12 days) and the other a long term one (25 days). The short term one responds more rapidly to price movement. As a result for example, if a stock tends to slowly turn up in price after a long decline the long term EMA may still be going down but the short term EMA starts to go up and can cross the long term EMA on its way up. The MACD crossover is where this occurs. In this example we have also set the average weekly volume over 100,000 shares per week and that the stock must be trading at within 40% of it's year low. When you run this filter, go to the charts and turn on the bottom 4 check boxes under the MACD indicator for the daily charts. This will display the 25 and 12 day lines, their difference (the MACD) and another indicator called the signal line.
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For this example, we have provided a number of MACD crossover criteria under the tech tab. Select the one as shown on the Filter Menu snapshot below and the other criteria as shown as you prefer then return to your filter sets and click on RUN FILTERED LIST.
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