Rank | Ticker | Consecutive Days Below Signal Line |
---|---|---|
1 | MCHP | 44 |
2 | DIS | 34 |
3 | STX | 30 |
4 | MPC | 25 |
5 | XOM | 24 |
6 | RCL | 22 |
7 | CPNG | 21 |
8 | IBN | 15 |
9 | DRN | 14 |
10 | DT | 14 |
11 | ILMN | 13 |
12 | NIO 🚀 | 11 |
13 | MKC | 2 |
14 | BTI | 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: