| Rank | Ticker | Consecutive Days Below Signal Line | Name |
|---|---|---|---|
| 1 | NUE | 8 | Nucor Corporation |
| 2 | SPG | 7 | Simon Property Group, Inc. |
| 3 | PGR | 6 | Progressive Corporation (The) |
| 4 | COST | 5 | Costco Wholesale Corporation |
| 5 | META | 2 | Meta Platforms, Inc. |
| 6 | FCX | 1 | Freeport-McMoRan, Inc. |
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: