| Rank | Ticker | Consecutive Days Below Signal Line |
|---|---|---|
| 1 | SONY | 30 |
| 2 | B | 20 |
| 3 | CCJ | 16 |
| 4 | PANW | 16 |
| 5 | T | 11 |
| 6 | AMX | 10 |
| 7 | WMT | 10 |
| 8 | FAS | 7 |
| 9 | COP | 6 |
| 10 | HAL | 6 |
| 11 | BLDR | 5 |
| 12 | SW | 5 |
| 13 | CDNS | 4 |
| 14 | AMZN | 2 |
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: