MACD (Moving Average Convergence Divergence) tracks the gap between a stock’s 12- and 26-day EMAs. When the MACD line crosses above the zero line, the shorter-term average has moved above the longer-term one — a bullish momentum trigger. This scan finds NSE stocks that just crossed above zero.
Trend traders treat the zero-line cross as confirmation that momentum has turned up, often entering on the cross and holding while MACD stays positive.
MACD is a lagging indicator, so the cross can arrive after a good part of the move. In sideways markets it generates false crosses — confirm with price trend.
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.
It means the 12-day EMA has moved above the 26-day EMA, so short-term momentum has turned bullish relative to the longer term — a widely watched buy trigger.
No. A signal-line cross happens when the MACD line crosses its own 9-day average; the zero-line cross happens when the MACD line crosses zero. This scan uses the zero-line cross.
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