High Arctic Energy Services Inc (HWO.TO) Seeing Negative Chart Signals

High Arctic Energy Services Inc (HWO.TO) Seeing Negative Chart Signals

High Arctic Energy Services Inc (HWO.TO) shares are on chartist’s watch as the stock is edging below the MACD Histogram zero line.  Current levels place the share price around 4.04, while the MACD indicates a bearish trend. The MACD-Histogram is an indicator of an indicator. In fact, MACD is also an indicator of an indicator. This means that the MACD-Histogram is four steps removed from the price of the underlying security. In […]

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The Andhra Sugars Limited (ANDHRSUGAR.NS): A Look Behind The Numbers

The Andhra Sugars Limited (ANDHRSUGAR.NS): A Look Behind The Numbers

The Andhra Sugars Limited (ANDHRSUGAR.NS) shares are on chartist’s watch as the stock is edging below the MACD Histogram zero line.  Current levels place the share price around 576.40, while the MACD indicates a bearish trend. The MACD-Histogram is an indicator of an indicator. In fact, MACD is also an indicator of an indicator. This means that the MACD-Histogram is four steps removed from the price of the underlying security. In other […]

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Bombay Burmah Trading Corporation Limited (BBTC.NS) MACD Histogram Line Below Zero

Bombay Burmah Trading Corporation Limited (BBTC.NS) MACD Histogram Line Below Zero

Bombay Burmah Trading Corporation Limited (BBTC.NS)’s MACD Histogram reading is currently below the zero line, indicating a neutral or negative chart trend for the shares.  Shares recently touched 1586.75 on a recent bid, moving -10.85 in the most recent session. Created by Thomas Aspray in 1986, the MACD Histogram is a visual indicator of the difference between the MACD line and the Signal line, which is a default 9 period ema of the MACD line. […]

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Chartists Place Medovex Corp. (MDVX) on Notice: Technical Update

Chartists Place Medovex Corp. (MDVX) on Notice: Technical Update

Medovex Corp. (MDVX) is on trader’s radar as the shares have moved below the MACD Histogram line, indicating a bearish chart.  Shares recently touched 1.05 on a recent bid.  The MACD is calculated by subtracting the value of a 26-day exponential moving average from a 12-day exponential moving average. A 9-day dotted exponential moving average of the MACD (the “signal” line) is then plotted on top of the MACD.  Taking a step […]

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Buy, Sell or Hold?  A Look at What the Technicals Are Saying About Amer Woodmark Cp (AMWD)

Buy, Sell or Hold? A Look at What the Technicals Are Saying About Amer Woodmark Cp (AMWD)

Investors are paying close attention to the charts of Amer Woodmark Cp (AMWD), as the shares are holding above the MACD Histogram zero line.  The equity recently moved 0.85, touching 89.85 on a recent tick.  MACD-Histogram bridges the time gap between the price movement and MACD. It offers a deeper insight into the balance of power between so called bulls and bears than the original MACD. It is one of the best […]

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