| Rank | Ticker | Consecutive Days Below Signal Line | Name |
|---|---|---|---|
| 1 | RIG | 19 | Transocean Ltd (Switzerland) |
| 2 | AR | 18 | Antero Resources Corporation |
| 3 | EXE | 18 | Expand Energy Corporation |
| 4 | ET | 17 | Energy Transfer LP |
| 5 | CVE | 14 | Cenovus Energy Inc |
| 6 | ADM | 13 | Archer-Daniels-Midland Company |
| 7 | BG | 13 | Bunge Limited |
| 8 | FTI | 9 | TechnipFMC plc |
| 9 | D | 6 | Dominion Energy, Inc. |
| 10 | KHC | 5 | The Kraft Heinz Company |
| 11 | VTR | 5 | Ventas, 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: