Indicators

Moving Average Convergence Divergence or MACD MACD is Moving Average Convergence Divergence, and it is used in technical analysis of stock price for the trading indicator. It was created in late nineteen seventy’s (1970 s) by Gerald Appel. In a market of stock price, it is supposed to reveal different changes in the strength, direction, momentum, and duration of a trend. What…

Relative Strength Index The definition for Relative Strength Index – RSI It is a tool that is used to determining the magnitude of changes in price, which are relevantly recent. The purpose is to evaluate whether the stocks or assets have been oversold or overbought, keeping in view the conditions of the price. It is drafted as an oscillator, which is a…