Moving Average Convergence Divergence (MACD)

MACD, or Moving Average Convergence / Divergence is the difference between a faster changing EMA (expononetial moving average with a smaller period) and a slower changing EMA (with a larger period). The fast changing EMA graph continuously move towards (converges) and away (diverges) from the slower one. Period is the slow EMA period and Period 2 is the fast EMA period.

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