Sentences with phrase «bullish divergences with»

The Wildhog NRP Divergence.ex4 is an oscillator that plots bearish and bullish divergences with ease, thereby eliminating the stress of spotting them.

The price formed a bullish divergence with MACD and RSI.

Not exact matches

One example, from a Dow Theory perspective, is to note the classic divergence or «non-confirmation» here — a high in the Industrials with the Transports lagging, coupled with rich valuations and lopsided bullish sentiment.

It can be used to confirm a new trend (with a move from below 50 % to above 50 %, or vice versa), to suggest when a given move may be getting overbought (above 70 %) or oversold (below 30 %) and also when a potential price reversal may be possible (bullish divergence or bearish divergence).

The Relative Strength Index (RSI) on the daily chart is moving sideways along the 70 technically overbought level, in bullish territory with a Moving Average Convergence Divergence indicator (MACD) that is flat on the signal line and falling on the histogram.

With the bullish divergence, a bullish engulfing candlestick pattern formed and we bought (as shown by the green arrow).

ex4 is a modified Moving Average Convergence Divergence oscillator with a nice visual display of histograms aligned below & above the 0.00 signal level to depict bearish / bullish trend respectively.

The Relative Strength Index (RSI) is bullish and hovering around the technically overbought level, but no where near extreme, with a Moving Average Convergence Divergence indicator (MACD) histogram moving back higher along with the signal line on the daily chart.

Accordingly, price will often see a final end - of - day push, followed by profit - taking (typically spotted by a bullish / bearish divergence with an oscillator) near these times of the day.