What is MACD and How to Use of Moving Average Convergence Divergence?

The relationship between two exponential moving averages (EMAs) of a security's price: a 12-day EMA and a 26-day EMA; the MACD line is the difference between these two EMAs; and the Signal line is a 9-day EMA of the MACD line is measured by traders as a popular technical analysis tool to find potential buy and sell signals.

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