MACD Basics: The Moving Average Convergence Divergence Explained

Reliance 26 March 2020 MACD bullish crossover below zero Covid recovery 48 percent rally

The Moving Average Convergence Divergence (MACD) is a momentum-trend indicator developed by Gerald Appel in 1979. It measures the relationship between two exponential moving averages of price, plotted as a line along with a signal line and histogram. MACD works in two modes: short-term crossovers between the MACD and signal lines, and longer-term regime changes … Read more

RSI Basics: The Relative Strength Index Explained with NSE Examples

Reliance 23 March 2020 Covid low RSI 25.77 oversold bounce 78 percent rally in 30 sessions

The Relative Strength Index (RSI) is a momentum oscillator that measures how fast and how far prices have moved recently. Developed by J. Welles Wilder in 1978, it ranges from 0 to 100 and is one of the most widely used indicators in technical analysis. Readings above 70 suggest overbought conditions; readings below 30 suggest … Read more