$AIN | Daily MACD | Bearish crossover above the zero line
What is MACD? The height of the histogram bars represents the gap between DIF and DEA. Bars getting longer one by one indicate that momentum in the current direction is strengthening; shorter bars indicate it is weakening.
A crossover is only a signal in itself. Whether the price can break through a key support level and whether trading volume confirms it are often used for further verification.
Any indicator summarizes price movements that have already occurred, and prices can certainly move in the opposite direction.
#AIN
What is MACD? The height of the histogram bars represents the gap between DIF and DEA. Bars getting longer one by one indicate that momentum in the current direction is strengthening; shorter bars indicate it is weakening.
A crossover is only a signal in itself. Whether the price can break through a key support level and whether trading volume confirms it are often used for further verification.
Any indicator summarizes price movements that have already occurred, and prices can certainly move in the opposite direction.
#AIN