The MACD (Moving Average Convergence Divergence) is a technical analysis tool that shows the relationship between two moving averages of a stock’s price, typically the 12-day and 26-day EMAs. It consists of the MACD line, Signal line, and a histogram, helping identify trends and momentum.
This part of the indicator shows how strong the price movement is and can give an early warning to prepare for a change. The higher or deeper the lines, the stronger the price movement.
When the lines are above the zero horizontal, the market can be said to be bullish, and when they are below, we are in bearish mode. A MACD crossover occurs when the MACD line crosses above (bullish) or below (bearish) the Signal line, signaling potential buy or sell opportunities based on trend changes.
List of Stocks with MACD Crossover to look out for
Supreme Industries Ltd
Supreme Industries is one of India’s leading plastic product manufacturers, known for its extensive range of products across various categories, including plastic piping systems, furniture, packaging, and industrial components. Established in 1942, the company has a strong presence across India and is recognized for innovation and quality in the plastic manufacturing sector.
A bearish MACD crossover was seen in Supreme Industries Ltd as the MACD line crossed below the signal line, signaling potential downward momentum. This technical pattern is considered a sell signal and may indicate the start of a new downtrend, prompting traders to be cautious or consider exiting long positions.
Central Depository Services (India) Ltd
CDSL is one of India’s two central securities depositories, providing electronic holding of securities and facilitating settlement of trades in the stock market. Incorporated in 1999 and promoted by BSE Ltd, CDSL serves a crucial role in India’s financial market infrastructure, offering services such as dematerialization, account maintenance, and e-voting for shareholders.
A bearish MACD crossover was seen in CDSL Limited as the MACD line crossed below the signal line, signaling potential downward momentum. This technical pattern is considered a sell signal and may indicate the start of a new downtrend, prompting traders to be cautious or consider exiting long positions.
K E C International Ltd
KEC International is a global infrastructure engineering, procurement, and construction (EPC) company and a flagship of the RPG Group. It is involved in power transmission and distribution, railways, civil construction, urban infrastructure, and cables. With projects in numerous countries, KEC is one of the largest transmission EPC players in the world.
A bearish MACD crossover was seen in KEC International Limited as the MACD line crossed below the signal line, signaling potential downward momentum. This technical pattern is considered a sell signal and may indicate the start of a new downtrend, prompting traders to be cautious or consider exiting long positions.
BSE Limited
BSE Ltd is Asia’s oldest stock exchange, established in 1875. Headquartered in Mumbai, it provides a platform for trading in equity, debt instruments, derivatives, mutual funds, and more. BSE is also known for the iconic S&P BSE Sensex index, which tracks 30 of the largest and most actively traded stocks on the exchange.
A bearish MACD crossover was seen in BSE Limited as the MACD line crossed below the signal line, signaling potential downward momentum. This technical pattern is considered a sell signal and may indicate the start of a new downtrend, prompting traders to be cautious or consider exiting long positions.
Written by Sridhar J
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