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
Tata Power Limited
Tata Power is one of India’s largest integrated power companies, part of the Tata Group. It operates across the entire power value chain, from generation (thermal, hydro, solar, and wind) to transmission and distribution. The company is actively investing in renewable energy and EV charging infrastructure.
A bearish MACD crossover was seen in Tata Power 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.
Power Finance Corporation Limited (PFC) Ltd
PFC is a government-owned financial institution under the Ministry of Power, India. Established in 1986, it provides financial assistance to power projects, including generation, transmission, distribution, and renewable energy. It is a key player in India’s power sector reforms and infrastructure financing.
A bearish MACD crossover was seen in Power Finance Corporation 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.
Happiest Minds Technologies Limited
Happiest Minds is an Indian digital transformation IT company headquartered in Bengaluru. It focuses on services like cloud computing, analytics, artificial intelligence, IoT, and digital security. The company primarily serves global clients across industries, including EdTech, retail, and BFSI.
A bearish MACD crossover was seen in Happiest Minds Technologies 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.
Nava Limited
Nava Limited is a diversified Indian multinational with operations in metals, energy, mining, agribusiness, and emerging sectors like healthcare. Founded in 1972, it has a presence across India, Africa, and Southeast Asia. The company operates ferroalloy plants, thermal power units, and coal mining projects, including Zambia’s largest coal-to-power operation.
A bearish MACD crossover was seen in Nava 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.
Avenue Supermarts Limited (DMart)
Avenue Supermarts operates the DMart chain of supermarkets, one of India’s most successful retail ventures. The company focuses on value retailing, offering competitive prices on food, apparel, and general merchandise. DMart has a strong presence across Indian cities with a growing number of stores.
A bearish MACD crossover was seen in Avenue Supermarts 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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