Rank | Ticker | Consecutive Days Above Signal Line |
---|---|---|
1 | OKTA 🚀 | 16 |
2 | QBTS 🚀 | 10 |
3 | ASML | 8 |
4 | AVGO | 8 |
5 | MMM | 8 |
6 | APLD 🚀 | 6 |
7 | LRCX | 6 |
8 | DKNG | 3 |
The MACD (Moving Average Convergence Divergence) is a popular technical analysis indicator used by traders to identify changes in the strength, direction, momentum, and duration of a stock's price trend. Developed by Gerald Appel in the late 1970s, it's a momentum oscillator that provides trading signals by showing the relationship between two exponential moving averages of a security’s price. The MACD is composed of three components that are typically plotted below the price chart: