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charting analysis

MACD

Overview The MACD (“Moving Average Convergence/Divergence”) is a trend following momentum indicator that shows the relationship between two moving averages of prices. The MACD was developed by Gerald Appel, publisher of Systems and Forecasts. The MACD is the difference between a 26-day and 12-day exponential moving average. A 9-day exponential […]

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In defense of technical analysis

By Jack L. Treynor and Robert Ferguson 1985 Abstract / Introduction: Many investors occasionally receive what they believe to be nonpublic information about a security. Others feel that by supplying superior analytical skills to public information, they are able to arrive at valuable insights that are not generally appreciated….   […]

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