ARB MACD Crossover Signals Strengthening Uptrend

The bullish crossover in ARB’s Moving Average Convergence Divergence (MACD) setup reinforces the positive market sentiment. Currently, the MACD line sits above the signal line, reflecting sustained buy-side pressure.

Since August 9, the MACD histogram has shown consistent growth, with expanding green bars pointing to increasing upward momentum.

This pattern suggests the uptrend is gaining traction, with more traders entering long positions, potentially driving further price gains.