May. 12 at 11:11 PM
$MP — the sustained break below the 5-day EMA has now directly triggered a bearish MACD signal-line crossover on May 12.
Here’s the full picture from the last ~30 trading days (March 24 – May 12, 2026 closes via http://Polygon.io daily aggregates). I pulled the exact daily closes, recomputed everything fresh, and it matches the recent prices/5-day EMAs we’ve been tracking perfectly.
Key MACD Takeaways (12/26/9 settings)
• MACD line = 12-day EMA minus 26-day EMA
• Signal line = 9-day EMA of the MACD line
• Histogram = MACD minus Signal
As of May 12 close:
• MACD = 3.21 (still positive but falling fast)
• Signal = 3.47
• Histogram = -0.26 (flipped negative)
→ Bearish MACD crossover occurred today (MACD crossed below the signal line). This is the first bearish MACD signal-line cross in weeks and was caused by the sharp drop in the short-term EMAs (including the 5-day EMA break on May 8 + lower closes since).
