Divergence

(redirected from divergency)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.

Divergence

When two or more averages or indexes fail to show confirming trends.

Divergence

In technical analysis, a situation in which two indicators move in opposite directions. For example, stock prices may decline while bond prices may increase. This can be either a bullish or a bearish indicator, depending on the nature of the divergence. Technical analysts use any number of related indicators to attempt to observe divergence and make investment decisions accordingly. See also: MACD.
References in periodicals archive ?
In addition considerable business teaching eg the Scandinavian influence in Interactive and Relationship Marketing has emanated in recent years from outside the USA giv ing a sense of divergency in management thinking.
He was also ill suited for the presidency because his virtues-an engineer's convergent mind-were of no use in a job that requires almost surreal divergency.
This figure is six years later than that of the present study, but this divergency is to be explained by the fact that the group of institutions in the present study is larger than that studied by her.
Not all Orthodox churches accepted this, however, and thus a divergency exists in the Orthodox world as to when Easter is observed.