January 20, 2017

Twelve (12) Months ComfortDelgro Analysis | AmiBrokerAcademy.com Singapore Stock Analysis

Welcome to Moses’s Stock Analysis at AmiBrokerAcademy.com. 

Twelve (12) Months ComfortDelgro Corp Daily

We see the high and low of the stock twelve months performance. The interesting sight is the stock move from the top left corner of the chart to the bottom of the right. The stock continue to have high low, lower high and lower low. This is a clear downtrend sign. It is easy to read the chart.

Now the challenge is what is the next twelve months move. From the left bottom to the right top? Will see.

Clue, we see a positive MACD  Histogram Divergence signal. It provides a signal that there is potential in change of trend direction. Remember trade what you see and not what you think.

January 20, 2017 ComfortDelgro Corporation Twelve (12) Months Daily Data

A Closeup View of ComfortDelgro Corp Daily

January 20, 2017 ComfortDelgro Corp Daily Close-up View

Moses

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.