No. of Recommendations: 12
Sure
MACD (Daily): Moving Average Convergence/Divergence. Stockcharts link
http://schrts.co/gGEanfgf When below 0 short term "demand" is negative/bearish. Very similar to PPO (which may be newer/modernized). It's good at pointing out likely tops (at extreme positive numbers) and bottoms (negative). My history of it has recorded 58 ATH 4/9/19; 21.9 1/18/19; -51 ATL 3/13-20/20 Extensive information available at Stockcharts chartschool. Frequent changes.
PAMA20 - especially on US Small Caps, this is a market breadth indicator - Percent Above Moving Averages (20 days). Best use is as a trend change indicator - when it crosses below 50 it's a warning, but also important as an extremes indicator of contrarian opportunities for aggressive traders. With a 20 day lookback, it's strictly short term. Below 30 is oversold, over 70 is overbought.
https://schrts.co/mfFIFuiqPAMA5D %OFF 21dh: Very short term bearish directional change indicator. PAMA 5 days. When stocks have been mostly positive with a high percentage above 5D MAs over the last 21 days (1 month), when that percentage drops precipitously inside of a week it's an indicator of a short term top.
https://www.barchart.com/stocks/quotes/$...More to come.
