January 31, 2019
Welcome to AmiBrokerAcademy.com. We provide US stock analysis for academy learning.
Think!
IWM iShares Russell 2000 Index Stock Charting
Study
iShares Russell 2000 Index stock chart.
Picture worth a thousand words, see chart.
To aid the visual understand, add moving averages, 34 period high low and close MA. We see price action close below 34 MA, and stay below River.
Fast MA stays above slow MA. Finally, price action close below MA and stay below.
We also see Fast MA finally close below Slow MA, Dead Cross. See price action stay below 34 MA.
Trade with eyes open.
Moses Stock Analysis
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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.