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Indian stock market · indicator signal

MACD bearish cross on JSW Steel

On JSW Steel the macd bearish cross showed up 163 times. The target came first 32% of the time, the stop 66%, and 2% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily8028%71%1%
Hourly8336%61%2%

JSW Steel against the rest

ChartsFoundTarget firstStop firstWent nowhere
JSW Steel16332%66%2%
All Indian stock market charts8,51136%59%5%
Every market58,70536%56%8%

Year by year

YearFoundTarget firstStop first
2016933%67%
20171217%83%
2018933%67%
2019714%86%
2020714%86%
2021650%50%
2022825%75%
2023850%50%
2024425%75%
20256227%68%
20263148%52%

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 JSW Steel

Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · Doji · Volume profile bounce · Volume profile rejection · EMA 9/21 bullish cross · EMA 9/21 bearish cross · MACD bullish 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 JSW Steel?

In 163 cases on JSW Steel, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 66%; 2% went nowhere within 12 candles.

What is the macd bearish cross?

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