MACD Screener, MACD Scan
Moving Average Convergence Divergence (MACD) offers the better of two worlds: trend following and momentum. The MACD fluctuates above and below the zero line as the moving averages (in this case 12 EMA and 26 EMA) converge, cross and diverge.
Traders look for signal line crossovers and center line crossovers to generate trade signals.
Use the powerful MACD Screener to find out stocks which meets the specified criteria. Explore the powerful Signal and Center Line crossover signals without the need to scan hundred of charts.
a) MACD is not useful for identifying overbought and oversold levels
b) MACD line crossing signal line from below is positive sign and vice-versa
c) MACD crossing above zero (positive) is bullish and vice-versa