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Barchart Insights

HISTORICAL FACTS: Behind the buy signal how our top technical trader finds bullish stock picks - The Untold Story

One of my favorite Barchart screeners is the eMACD New Buy Signal. This screener highlights new bullish crossover “Buy” signals based on the 12-26-9 Day eMACD indicator.

The MACD indicator is a momentum oscillator that identifies when short-term momentum shifts to the positive and overtakes the longer-term momentum. Under the right conditions and in the right set-up, this signal can alert a trader to the early stages of a new uptrend. 

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