Reviewed by Charles Potters Fact checked by Vikki Velasquez What Is the Moving Average Convergence Divergence (MACD)? The moving average convergence divergence (MACD) is a popular technical ...

Starting from early May, the MACD line has consistently been above the signal line, indicating sustained bullish momentum. This positive momentum persisted through mid-May, driving the stock higher.

Conversely, when the MACD Line crosses below the Signal Line, it produces a bearish signal, indicating potential downside.

A bullish MACD crossover was observed in Adani Energy Solutions as the MACD line crossed above the signal line, signalling potential upward momentum.

Proven Bitcoin Momentum Indicator Flashes Green, Supporting Analyst $140K-$200K Price Predictions A positive flip in the indicator has preceded every major rally since 2020.