Of course that MACD is only +25 and the lows were -75.
It isn't unusual for the first move to equal the extremes so +75 is possible.
I have a MACD I divide by the close OR open which gives a better perspective on true momentum.
Without that MACD will always get bigger over time as prices always make new highs but is not adjusted for constant dollar or inflation etc.
- Forums
- ASX - By Stock
- XJO
- thunderous thursday
thunderous thursday, page-81
-
- There are more pages in this discussion • 64 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,223.0 |
Change
35.600(0.43%) |
Mkt cap ! n/a |
Open | High | Low |
8,187.4 | 8,242.8 | 8,187.4 |
Featured News
XJO (ASX) Chart |
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online