Rank | Ticker | Consecutive Days Below Signal Line |
---|---|---|
1 | CELH π | 19 |
2 | DVN | 14 |
3 | HPE | 14 |
4 | ERX | 13 |
5 | SOFI | 12 |
6 | DOW | 11 |
7 | RUN π | 11 |
8 | C | 10 |
9 | U π | 10 |
10 | BBWI | 6 |
11 | NKE π | 6 |
12 | PBR | 6 |
13 | GS | 3 |
14 | TNA | 3 |
15 | XPEV π | 3 |
16 | JPM | 1 |
17 | XOM | 1 |
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: