Rank | Ticker | Consecutive Days Above Signal Line |
---|---|---|
1 | BA | 26 |
2 | SOUN π π | 26 |
3 | ULTA | 22 |
4 | ACHR π | 7 |
5 | YINN π | 6 |
6 | QCOM | 5 |
7 | M π | 4 |
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 securityβs price. The MACD is composed of three components that are typically plotted below the price chart: