There may be instances where RSI may show a reading beyond 70 for a continuous period while MACD shows a positive value. The chart above depicts Wells Fargo’s (WFC) daily price chart data from ...

Learning to read stock charts can also help you learn how the stock market works. But stock charts can also be overwhelming if you don't understand their key components and what they reveal.

On its own, MACD oscillates along a horizontal axis that represents a parity between the long- and short-term EMA. In this chart, it’s the same x-axis as green and red area graph. As such ...