MACD Scans – End of Day

The Full form of MACD is Moving Average Convergence and Divergence. It is an indicator used to measure the trend change in long timeframes.

If the MACD line is above the signal line, it is a bullish signal and is in an uptrend. Similarly, if the MACD line is below the signal line, it is a bearish signal and is in a downtrend.

Features available in MACD Scans EOD

In the MACD Scans (EOD Scans – Technical Scans – MACD Scans), you can find out the stocks list in which MACD line crosses the Signal line (be it above or below). You can also get the data of stocks like symbol, LTP, MACD value, MACD.

Symbol Name	A stock symbol is a unique series of letters assigned to a security for trading purposes. If you click on any stock symbol, you can view detailed technical information of the stock.
LTP	The full form of LTP is the Last Traded Price. The price at which the last trade occurs between the buyer and a seller in the stock exchange. The LTP value varies in the live market.
MACD Cross Above	Here you can find the stocks in which the MACD line crosses above the signal line.
MACD Cross Below	Here you can find the stocks in which the MACD Line crosses below the signal line.

How to select MACD Stocks using Intraday Screener

Using an Intraday screener you can also find the stocks in which the MACD line crosses above or below the Signal line.

• Initially you have to go to the intraday scanner and find out the stocks in which MACD crossover is happening with the signal line.
• In that specific security (stock), when the MACD line crosses above the signal line, we can expect a bullish trend. So, Here you can look for buying opportunities, especially when the stock is trading at the support levels.
• Similarly, when the MACD line crosses below the signal line, we can expect a bearish trend. Here you can look for selling opportunities, especially near resistance levels.

MACD Scan – EOD

Let us take an example of “PFIZER” stock in tradingview, where MACD Line Crosses the Signal Line.