When the MACD line simply sits above zero, the 12-day EMA is above the 26-day EMA — the stock carries a bullish momentum bias. This scan lists NSE stocks with MACD currently above the zero line.
It works as a broad momentum filter: traders combine "MACD above zero" with entry setups to make sure they are buying stocks whose underlying momentum is already positive.
MACD above zero confirms bias, not timing. A stock can be above zero yet still pull back, so it is best paired with a specific entry trigger.
This is a Momentum scan. AlphaGrid computes it across 2,000+ NSE-listed stocks using end-of-day and intraday price data, refreshing through the trading session. Results are ranked and can be opened in the full screener, where you can add your own conditions and set alerts.
The short-term (12-day) EMA is above the longer-term (26-day) EMA, indicating positive momentum bias for the stock.
The crossover scan catches the exact moment MACD crosses zero; this scan lists every stock already trading above zero — a wider momentum universe.
AlphaGrid is a free stock screener for Indian markets. Build custom scans across 2,000+ NSE stocks with 30+ technical indicators — RSI, MACD, EMA, Supertrend, ADX, Bollinger Bands and more — backtest strategies, track portfolios, analyse option chains, and get real-time price alerts on Telegram. A free, modern alternative to Chartink and Screener.in.