MACD

The gap between a fast and a slow moving average — momentum, at a glance.

MACD subtracts a slow moving average (26 days) from a fast one (12 days). A signal line (9 days) is drawn on top, and the histogram shows the gap between the two.

When the MACD line crosses above its signal, upward momentum is building; crossing below, it is fading. The histogram turning negative is the earliest visible sign of that fade.

MACD 4.36 with a signal of 58.88 gives a histogram of −54.5. The MACD is far below its signal line: recent momentum has weakened sharply, even though the longer trend may still be up.

MACD is built from moving averages, so it inherits their lag and produces false crossings in sideways markets. It reads best in a clear trend.

Analysis only: Supath AI does not give investment advice. Consult a SEBI-registered financial advisor before making investment decisions.