Nitin Spinners Limited (NITINSPIN.NS) MACDH Line Holds Below Zero

Nitin Spinners Limited (NITINSPIN.NS) MACDH Line Holds Below Zero

Nitin Spinners Limited (NITINSPIN.NS) is on trader’s radar as the shares have moved below the MACD Histogram line, indicating a bearish chart.  Shares recently touched 113.20 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 […]

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Placing the Spotlight on Solar Energy Systems (SES.AX): Technical Stock Update

Placing the Spotlight on Solar Energy Systems (SES.AX): Technical Stock Update

Solar Energy Systems (SES.AX) shares are on chartist’s watch as the stock is edging below the MACD Histogram zero line.  Current levels place the share price around 0.078, 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 words, […]

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Peeling Back the Layers on Shares of Ensurance Ltd (ENA.AX)

Peeling Back the Layers on Shares of Ensurance Ltd (ENA.AX)

Ensurance Ltd (ENA.AX) is on trader’s radar as the shares have moved below the MACD Histogram line, indicating a bearish chart.  Shares recently touched 0.06 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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Heidrick & Struggl (HSII)’s Technicals Placed in the Limelight

Heidrick & Struggl (HSII)’s Technicals Placed in the Limelight

Heidrick & Struggl (HSII) is on trader’s radar as the shares have moved below the MACD Histogram line, indicating a bearish chart.  Shares recently touched 23.90 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 […]

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VOYA Global Advantage and Premium (IGA) Technicals Take Center Stage

VOYA Global Advantage and Premium (IGA) Technicals Take Center Stage

Investors are paying close attention to the charts of VOYA Global Advantage and Premium (IGA), as the shares are holding above the MACD Histogram zero line.  The equity recently moved -0.10, touching 11.19 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 […]

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