Rank | Ticker | Consecutive Days Below Signal Line |
---|---|---|
1 | CVX | 23 |
2 | VST | 21 |
3 | SBUX | 19 |
4 | CLF π | 14 |
5 | PINS | 12 |
6 | JNUG π | 11 |
7 | RIVN | 9 |
8 | BTDR π | 3 |
9 | SERV π | 2 |
10 | SOXL π | 2 |
11 | TSM | 2 |
12 | ACHR π | 1 |
13 | QCOM | 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: