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Who is Divergent Technologies?

LOS ANGELES, Nov. 13, 2023 /PRNewswire/ -- Divergent Technologies, Inc. ("Divergent"), the company that has invented, developed, and commercialized the world's first end-to-end digital industrial manufacturing system, announced today that it has completed a Series D equity financing totaling $230 million.

What is divergence in trading?

Divergence is a phenomenon that is commonly interpreted to mean that a trend is weak or potentially unsustainable. Traders who employ technical analysis as part of their trading strategies use divergence to read the underlying momentum of an asset.

How do you know if a stock has a divergence?

Another way of checking for divergence is to graph the daily price of the stock and a moving average on the same chart. If the uptrend is to be trusted, there should remain a gap between the stock's daily price and the level of the moving average.

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