Bearish divergence: price makes new peaks but the indicator makes lower peaks.
Bearish divergence = slowing trend & eventually consolidation or correction.
CDA Weekly MACD Chart from 2009 -2011
Will history repeat?
CDA Weekly MACD Chart for 2016 - 2017
Notice the similarities.
CDA - I think this uptrend may end for now, page-16
Add CDA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.75 |
Change
-0.080(0.74%) |
Mkt cap ! $1.960B | |||
| Open | High | Low | Value | Volume |
| $10.83 | $10.90 | $10.69 | $1.187M | 110.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 9254 | $10.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.76 | 945 | 17 |
View Market Depth
| Last trade - 12.40pm 06/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$10.76 |
Change
-0.080 ( 0.86 %) |
||||
| Open | High | Low | Volume | ||
| $10.80 | $10.92 | $10.68 | 23078 | ||
| Last updated 13.00pm 06/06/2024 ? | |||||
| CDA (ASX) Chart |