Moving Average Convergence Divergence measures momentum by comparing two EMAs (12 and 26 period). The Signal line (9-period EMA of MACD) provides crossover signals. The Histogram shows momentum strength.
Parameters (12,26,9)
MACD line (solid): EMA-12 minus EMA-26
Signal line (dashed): 9-period EMA of MACD
Histogram (tooltip): MACD minus Signal (momentum strength)
Interpretation
Above zero: Bullish momentum — uptrend bias
Below zero: Bearish momentum — downtrend bias
MACD crossing Signal = momentum shift
Data refreshes periodically — not real-time
Trading Signals
Buy: MACD crosses above Signal line
Sell: MACD crosses below Signal line
Zero-line crossover confirms trend direction
Histogram shrinking = momentum fading ahead of a cross