Date: Dec 7, 2018

Investors are paying close attention to the charts of Australian Vanadium Ltd (AVLO.AX), as the shares are holding above the MACD Histogram zero line.  The equity recently moved 0.002, touching 0.015 on a recent tick.

MACD-Histogram bridges the time gap between the price movement and MACD. It offers a deeper insight into the balance of power between so called bulls and bears than the original MACD. It is one of the best tools available to a chartist because it shows not only who has control over the market but also their magnitude of strength.

The difference is represented by vertical lines in a series. The interesting fact is that like MACD, MACD-Histogram also fluctuates above and below the zero line. Hence, it is also known as an “oscillator”. In other words it is just the hide and seek between the fast and slow lines. If the fast line is above the slow line, MACD-Histogram is positive and plotted above the zero line. On the other hand if the fast line is below the slow line, MACD-Histogram is negative and plotted below the zero line.

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