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 | ILMN | 8 |
9 | FAS | 7 |
10 | COP | 6 |
11 | HAL | 6 |
12 | BLDR | 5 |
13 | SW | 5 |
14 | CDNS | 4 |
15 | CVX | 4 |
16 | CME | 3 |
17 | 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: