Rank | Ticker | Consecutive Days Above Signal Line |
---|---|---|
1 | NTAP | 18 |
2 | WFC | 18 |
3 | SNOW ๐ | 17 |
4 | NIO ๐ | 12 |
5 | RBRK | 10 |
6 | ARM ๐ | 7 |
7 | BAC | 4 |
8 | SOUN ๐ | 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 securityโs price. The MACD is composed of three components that are typically plotted below the price chart: