Green arrows represent purchase entries, and purple arrows symbolize brief entries. The SCTR compares a stock to its peers, to not a specific benchmark such as the S&P 500 index. These articles will assist you to better perceive, navigate and use the tools and options obtainable on StockCharts.com. For more details on the syntax to use for MACD scans, please see our Scan Syntax Reference within the Support Center. Bearish divergences are commonplace in a strong uptrend, while bullish divergences occur often in a robust downtrend. Uptrends usually start with a strong advance that produces a surge in upside momentum . Even although the uptrend continues, it continues at a slower pace that causes the MACD to say no from its highs.
- It is not possible to check MACD values for a gaggle of securities with various prices.
- This means MACD values are depending on the worth of the underlying