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Writer's pictureLester Davids

MACD Alert: First Touch For Old Mutual

Tuesday, 01 October 2024

Time Published: 07h31

Ticker: OMU


What is the MACD Indicator? Moving average convergence/divergence (MACD) is a technical indicator to help investors identify price trends, measure trend momentum, and identify entry points for buying or selling. Moving average convergence/divergence (MACD) is a trend-following momentum indicator that shows the relationship between two exponential moving averages (EMAs) of a security’s price.


OMU Monthly Chart: 'A First Of The Centre Line Touch Signals The Share Starting To Emerge From A Long Term Consolidation, With Further Gains Possible Over The Medium Term'.



 

Previous Post: Monday, 30 September 2024

Time Published: 14h49

Ticker: OMU


  • Significant advance from below 1227c to today's high of 1417c.

  • Short term/active traders, trim into strength.


 

Previous Post: Thursday, 01 August 2024

Real-time: 15h23

Comment on slide below:


Lester Davids

Analyst: Unum Capital


Tickers: OMU, MTM

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