MACD Indicator | Daily | Weekly | ALLE Allegion PLC Charting | AmiBrokerAcademy.com

3 October, 2018

 

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ALLE Allegion PLC Daily  Charting

Buy Support Sell Resistance

Buy Low Sell High

Study chart of Allegion PLC Daily stock price, picture worth a thousand words. We see stock price goes low at 74 dollars at May. And the price action forms abcd pattern, to thest the high above 92 dollars. But, MACD continues to form lower high, weak.

Trade with eyes open.

Manage your risk.

October 2, 2018 Allegion PLC and MACD

if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart. 

 

We study the weekly chart instead of the daily. What is the different? See chart, and compare both the weekly and daily chart. Picture worth a thousand words.

October 2, 2018 Allegion PLC Weekly and MACD

Moses US Stock Chart 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.