Trading: SELL @ $1.53
Signal Strength: STRONG
Data#3 (ASX:DTL) currently has negative MACD of -0.0017. This means the signal line is less than the MACD line signalling a bearish movement.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement
Moving Average Convergence/Divergence (MACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).
Calculation:: Moving Average Convergence Divergence (MACD);
1) MACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of MACD Line;
3) MACD Histogram: MACD Line - Signal Line;
PROFILE: Data#3 (DTL.AX)
Stock Exchange: ASX
Ticker Codes: | DTL.AX | ASX:DTL |
Data#3 Limited, together with its subsidiaries, provides information technology (IT) solutions in Australia and the Asia Pacific. The company operates through two segments, Product and Services. The Product segment provides hardware and software licenses for customers' desktop, network, and data center infrastructure. The Services segment offers consulting, project, managed, and maintenance contracts, as well as workforce recruitment and contracting services in relation to the design, implementation, operation, and support of ICT solutions. It also provides cloud/hybrid IT, mobility, security, data and analytics, and IT lifecycle management solutions. Data#3 Limited was founded in 1977 and is headquartered in Toowong, Australia.
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