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Indian stock market · indicator signal

MACD bearish cross on HCLTech

On HCLTech the macd bearish cross showed up 127 times. The target came first 35% of the time, the stop 61%, and 3% went nowhere within 12 candles.

Counted on HCLTech: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily6234%61%5%
Hourly6537%62%2%

HCLTech against the rest

ChartsFoundTarget firstStop firstWent nowhere
HCLTech12735%61%3%
All Indian stock market charts8,51136%59%5%
Every market58,70536%56%8%

Year by year

YearFoundTarget firstStop first
2016540%40%
2017944%44%
2018743%43%
2019450%50%
2020520%80%
202180%100%
2022650%50%
2023650%50%
20241030%70%
20254933%65%
20261844%56%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the macd bearish cross is

Above zero, the MACD line crossed below its signal line.

Picture a bike racing uphill that starts to slow down. It is still going up, just less fast. A MACD bearish cross above zero is like that: the rise may be losing speed.

The full macd bearish cross lesson, video and quiz ›

Other patterns on HCLTech

Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · Doji · Volume profile rejection · MACD bullish cross · Volume profile bounce · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them

The macd bearish cross elsewhere

Sensex · Nifty 50 · Bank Nifty · Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · State Bank of India · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the macd bearish cross work on HCLTech?

In 127 cases on HCLTech, the target (1.5 × ATR) came before the stop (1 × ATR) 35% of the time and the stop came first 61%; 3% went nowhere within 12 candles.

What is the macd bearish cross?

Above zero, the MACD line crossed below its signal line.