Moving Average Convergence Divergence ( MACD ) merupakan indicator bagi menentukan momentum harga dan short-term trend. Indicator ini mempunyai dua garisan dan satu histogram.
Garisan MACD/HIJAU MUDA dilukis berdasarkan perbezaan di antara Exponential Moving Average ( EMA ) 12 hari dan EMA 26 hari, MACD=(EMA 26-EMA 12)
manakala garisan SIGNAL/UNGGU pula dilukis berdasarkan EMA 9 hari bagi garisan MACD . SIGNAL =EMA 9
Histogram/CYAN bagi indicator ini pula mewakili perbezaan antara garisan MACD dan garisan signal. HISTOGRAM=MACD-SIGNAL
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