​4 top large and midcap stocks giving sell signal on MACD​

​MACD is a momentum indicator that helps to know the relationship between the two moving averages of prices. The MACD is calculated by taking the difference between the 26-day EMA from the 12-day EMA. On the other hand, a 9-day EMA of the MACD is called the signal line, which is plotted on the top of the MACD and suggests buy and sell signals.

MACD helps to tell about the security’s oversold or overbought condition. Also, it warns investors of bullish/bearish divergences i.e. when a new high in price is not confirmed by a new high in MACD, signifying a potential failure as well as a reversal.

​MACD: 47.83 | Signal: 48.43 | Last close: Rs 1199.55 | Change: 1.1%

​MACD: -3.68 | Signal: -3.62 | Last close: Rs 669.8 | Change: -1.1%

MACD: 47.1 | Signal: 48.63 | Last close: Rs 1559.5 | Change: -0.1%

​MACD: 26.95 | Signal: 27.67 | Last close: Rs 572.4 | Change: 1.2%