Rank | Ticker | Consecutive Days Below Signal Line |
---|---|---|
1 | DIS | 32 |
2 | SHOP 🚀 | 30 |
3 | MCD | 23 |
4 | RBRK | 21 |
5 | GOOG | 16 |
6 | GOOGL | 16 |
7 | NIO 🚀 | 9 |
8 | RUN 🚀 | 5 |
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: