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:max_bytes(150000):strip_icc()/MACD-88b76e15562147d5bfe5108b169b74b3.png "MACD Indicator Explained, with Formula, Examples, and Limitations")
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![MACD (Moving Average Convergence/Divergence Oscillator) [ChartSchool]](https://school.stockcharts.com/lib/exe/fetch.php?media=technical_indicators:moving_average_convergence_divergence_macd:macd-02-ibmsigx.png "MACD (Moving Average Convergence/Divergence Oscillator) [ChartSchool]")
MACD (Moving Average Convergence/Divergence Oscillator) [ChartSchool]
