So, DIFF = EMA 12 – EMA 26 and DEA = EMA (DIFF, 9) The signal line assisted traders in making buy and sell decisions. Traders may buy the stock if the MACD line crosses the signal line from below.

While the MACD has just crossed negative, the signal line is considerably above 0. MACD reversals have been catalysts for corrective period in the past, significant bounces occurred prior.

SHIB’s MACD line has crossed above the signal line for the first time in 39 days. This crossover is often interpreted as a bullish signal and could attract renewed speculative buying.