Rank | Ticker | Consecutive Days Below Signal Line |
---|---|---|
1 | ERX | 23 |
2 | SLB | 19 |
3 | UTSL | 18 |
4 | AEO 🚀 | 15 |
5 | TAL 🚀 | 11 |
6 | GOLD | 10 |
7 | NEM | 9 |
8 | CART | 1 |
9 | NNOX | 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 security’s price. The MACD is composed of three components that are typically plotted below the price chart: