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Technical

MACD

QUICK DEFINITION

MACD in Elliott Wave Theory: Moving Average Convergence Divergence, a momentum indicator that shows the relationship between two moving averages. In Elliott Wave, MACD divergence between Wave 3 and Wave 5 is a primary signal of trend exhaustion.

What MACD Means

Moving Average Convergence Divergence, a momentum indicator that shows the relationship between two moving averages. In Elliott Wave, MACD divergence between Wave 3 and Wave 5 is a primary signal of trend exhaustion.

Where You'll See It

MACD appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the technical family of Elliott Wave concepts and shows up most often when analysts are applying technical analysis tools — RSI, MACD, moving averages — alongside the wave count.

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RELATED TERMS

Momentum Divergence
When price makes a new high (or low) but momentum indicators (RSI, MACD) do not ...
RSI
Relative Strength Index, a momentum oscillator that measures the speed and magni...
Moving Average
A smoothed price line calculated over a specific number of periods. Moving avera...
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