macd
Calculate the Moving Average Convergence Divergence (MACD).
Difference between two Exponential Moving Averages. The Signal line is an Exponential Moving Average of the MACD.
The MACD signals trend changes and indicates the start of new trend direction. High values indicate overbought conditions, low values indicate oversold conditions. Divergence with the price indicates an end to the current trend, especially if the MACD is at extreme high or low values. When the MACD line crosses above the signal line a buy signal is generated. When the MACD crosses below the signal line a sell signal is generated. To confirm the signal, the MACD should be above zero for a buy, and below zero for a sell.
Examples
from openbb import obb
# Get the Moving Average Convergence Divergence (MACD).
stock_data = obb.equity.price.historical(symbol='TSLA', start_date='2023-01-01', provider='fmp')
macd_data = obb.technical.macd(data=stock_data.results, target='close', fast=12, slow=26, signal=9)
# Example with mock data.
obb.technical.macd(fast=2, slow=3, signal=1, data=[{'date': '2023-01-02', 'open': 110.0, 'high': 120.0, 'low': 100.0, 'close': 115.0, 'volume': 10000.0}, {'date': '2023-01-03', 'open': 165.0, 'high': 180.0, 'low': 150.0, 'close': 172.5, 'volume': 15000.0}, {'date': '2023-01-04', 'open': 146.67, 'high': 160.0, 'low': 133.33, 'close': 153.33, 'volume': 13333.33}, {'date': '2023-01-05', 'open': 137.5, 'high': 150.0, 'low': 125.0, 'close': 143.75, 'volume': 12500.0}, {'date': '2023-01-06', 'open': 132.0, 'high': 144.0, 'low': 120.0, 'close': 138.0, 'volume': 12000.0}])
Parameters
- standard
| Name | Type | Description | Default | Optional |
|---|---|---|---|---|
| data | List[Data] | List of data to be used for the calculation. | False | |
| target | str | Target column name. | False | |
| fast | int, optional | Number of periods for the fast EMA, by default 12. | False | |
| slow | int, optional | Number of periods for the slow EMA, by default 26. | False | |
| signal | int, optional | Number of periods for the signal EMA, by default 9. | False |
Returns
OBBject
results : List[Data]
The calculated data.