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, the 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, signalling potential buy or sell opportunities based on trend changes.
List of Stocks with MACD Crossover to look out for
Shyam Metalics & Energy Ltd
Shyam Metalics is one of India’s leading integrated metal producers, engaged primarily in manufacturing ferro alloys, long steel products, and sponge iron. The company has strong backward integration with captive power plants, ensuring cost efficiency and operational stability. With manufacturing units in eastern India, it caters to both domestic and export markets, focusing on quality and scalability.
A bullish MACD crossover was observed in Shyam Metalics & Energy as the MACD line crossed above the signal line, signalling potential upward momentum. This technical pattern is considered a buy signal and may indicate the start of a new uptrend, prompting traders to be optimistic or consider entering a long position.
HDFC Bank Ltd
HDFC Bank is one of India’s largest and most trusted private sector banks, offering a wide range of financial products and services across retail, corporate, and treasury segments. Known for its robust digital infrastructure, strong asset quality, and consistent financial performance, the bank has a vast nationwide presence and plays a key role in India’s banking sector.
A bullish MACD crossover was observed in HDFC Bank as the MACD line crossed above the signal line, signalling potential upward momentum. This technical pattern is considered a buy signal and may indicate the start of a new uptrend, prompting traders to be optimistic or consider entering a long position.
OneSource Specialty Pharma Ltd
OneSource Specialty Pharma Ltd is a contract development and manufacturing organization (CDMO) focused on pharmaceuticals and complex formulations. The company offers end-to-end services including development, manufacturing, and packaging for products like injectables, biologics, and drug-device combinations. With modern facilities and regulatory approvals, it serves both domestic and global pharmaceutical markets.
A bullish MACD crossover was observed in OneSource Specialty Pharma as the MACD line crossed above the signal line, signalling potential upward momentum. This technical pattern is considered a buy signal and may indicate the start of a new uptrend, prompting traders to be optimistic or consider entering a long position.
Written by Sridhar J
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
