$RSR 's daily chart shows a bullish MACD crossover above the zero line.
When assessing MACD crossovers, where they occur matters more than the crossover itself. A bullish crossover above the zero line usually appears when a pullback in an uptrend is ending, suggesting the trend is likely to continue. It carries more weight than a crossover below the zero line.
Moving averages naturally lag behind, so don't expect them to pinpoint the highs and lows.
When assessing MACD crossovers, where they occur matters more than the crossover itself. A bullish crossover above the zero line usually appears when a pullback in an uptrend is ending, suggesting the trend is likely to continue. It carries more weight than a crossover below the zero line.
Moving averages naturally lag behind, so don't expect them to pinpoint the highs and lows.