12-26-9 Day eMACD New Buy Signals
This page highlights new bullish crossover Buy signals, based on the 12-26-9 Day eMACD Indicator. The MACD line is calculated by subtracting the shorter term 12-day Exponential Moving Average (EMA) from the longer term 26-day EMA. An Average line is then created by calculating a 9-day EMA from the result of the MACD lines. Buy signals are generated when the MACD lines crossed above the Average line. This creates positive divergence between the MACD and its Average, creating a bullish crossover buy signal.