March 19, 2018

US Stock Chart Analysis

Exxon Mobil and MACD

We did an analysis on three blue chips, Exxon Mobil, General Electric and IBM. Now let’s zoom in to study only Exxon Mobil and see how the stock price trend. Let’s study the chart using MACD. We see the price moves higher, but the MACD Histogram forms lower high. Next, we find the MACD is also below zeroline. Exxon Mobil stock is very much still bearish. Trade with eyes open.

Manage your risk!

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. Anything, finance ticket you could download from Yahoo! Finance you could plot them, those you are interested all in a chart, so you could analyse them. 

March 16, 2018 Exxon Mobil Corporation and MACD Signal

Moses US Stock Chart Analysis

AmiBrokerAcademy.com

Disclaimer

The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.

These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.