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
SRF Limited
SRF Limited is a leading Indian multi-business chemicals conglomerate, established in 1970, with a strong focus on manufacturing industrial and specialty intermediates. The company’s diversified portfolio spans fluorochemicals, specialty chemicals, packaging films, technical textiles, and coated and laminated fabrics. With over 9,000 employees and manufacturing facilities in India, Thailand, South Africa, and Hungary.
A bullish MACD crossover was observed in SRF Limited as the MACD line crossed above the signal line, signaling 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 long positions.
UPL Limited
UPL Limited is a global agrochemical company headquartered in India. It is one of the world’s largest producers of crop protection products, biosolutions, and post-harvest solutions. UPL operates in over 130 countries, offering a wide range of products including herbicides, fungicides, insecticides, and seeds. The company is known for its focus on sustainable agriculture, innovation, and global reach.
A bullish MACD crossover was observed in UPL Limited as the MACD line crossed above the signal line, signaling 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 long positions.
Torrent Power Ltd
Torrent Power Limited is one of India’s largest integrated private sector power utilities, engaged in power generation, transmission, distribution, and the manufacturing and supply of power cables. It operates a diverse portfolio of coal-based, gas-based, and renewable power plants. Torrent Power serves numerous customers in key regions such as Ahmedabad, Gandhinagar, Surat, Dahej SEZ, Bhiwandi, and Agra.
A bullish MACD crossover was observed in Torrent Power Ltd as the MACD line crossed above the signal line, signaling 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 long positions.
Written by Sridhar J
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