MACD (Moving Average convergence / Divergence)

MACD is trading indicator used in technical analysis of Commodity market, stock market, and currency market. MACD indicator depends on three time frames of EMA. Most commonly used averages are 12 days Fast average, 26 days slow average and 9 days Signal average.

RSI (Relative Strength Index)

RSI shows the current and historical strength and weakness of particular stock on closing price. This technical indicator clear’s the vision with relative strength. RSI is mostly used on 14 days’ timeframe if it’s below 30 values it is considered as oversold, if it’s above 70 values it is considered as overbought.