Indicator Notes | $UNI | Daily MACD | Bearish crossover below the zero line
Definition: The zero line is the level where DIF equals 0, meaning the 12-period EMA and 26-period EMA overlap. When DIF is above the zero line, the short-term moving average is above the long-term moving average.
How to read it: MACD is better suited to gauging momentum in trending markets than to identifying specific tops and bottoms.
Learning to read indicators isn’t difficult; the hard part is sticking to your plan when emotions are running high.
Definition: The zero line is the level where DIF equals 0, meaning the 12-period EMA and 26-period EMA overlap. When DIF is above the zero line, the short-term moving average is above the long-term moving average.
How to read it: MACD is better suited to gauging momentum in trending markets than to identifying specific tops and bottoms.
Learning to read indicators isn’t difficult; the hard part is sticking to your plan when emotions are running high.