In the graphic above, is shown how the MACD indicator works, there are two lines of different colors, one of them is blue which represents the difference between two exponential moving averages, one of 12 periods and the other of 26 periods; while the orange line, also known as the signal line, represents the 9-period exponential moving average of PG prices -0.15%.
This indicator sends orders to buy and sell the shares acquired to hold a position, either long or short term, depending on the behavior of the moving averages used, at the moment when the blue line crosses the orange line above it, a Short-term operation is executed. in case of the opposite, a long position will be assumed.
For the case shown, having applied the MACD for that period of time, a profit would have been obtained, since only a small loss was taken in the fluctuation of the share price.
This indicator sends orders to buy and sell the shares acquired to hold a position, either long or short term, depending on the behavior of the moving averages used, at the moment when the blue line crosses the orange line above it, a Short-term operation is executed. in case of the opposite, a long position will be assumed.
For the case shown, having applied the MACD for that period of time, a profit would have been obtained, since only a small loss was taken in the fluctuation of the share price.