$NKN
#NKN 💬Indicating that the momentum is decreasing.
The Momentum changing is MACD. MACD stands for Moving Average Convergence Divergence, which is a technical indicator used in financial markets to identify trends and predict price movements. It is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. The MACD line is then plotted against a signal line, which is a 9-period EMA of the MACD line. When the MACD line crosses above the signal line, it is considered a bullish signal, indicating that the momentum is increasing. Conversely, when the MACD line crosses below the signal line, it is considered a bearish signal, indicating that the momentum is decreasing.
In this image, the MACD is shown as a red line at the bottom of the chart, indicating a bearish trend.
