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: Pacific Strategic Investments (PSI.AX)
Stock Exchange: ASXAbout Pacific Strategic Investments (ASX:PSI):
Company: Pacific Strategic Investments
Ticker Codes: | PSI.AX | ASX:PSI |
PSC Insurance Group Limited engages in the insurance services businesses in Australia, the United Kingdom, and New Zealand. It operates through Australasia and UK segments. The company is involved in insurance broking, reinsurance, and underwriting agency operations. It also engages in life insurance broking, online direct general insurance, and third party claims management business; and wholesale insurance brokerage activities. The company primarily serves small and medium enterprise clients. PSC Insurance Group Limited is based in Melbourne, Australia.