Rank | Ticker | Consecutive Days Below Signal Line |
---|---|---|
1 | TGT | 29 |
2 | EBAY | 23 |
3 | BP | 16 |
4 | PTEN | 10 |
5 | RBRK ๐ | 10 |
6 | OVV | 8 |
7 | CLF ๐ | 2 |
8 | SU | 2 |
9 | XPEV ๐ ๐ | 2 |
10 | SCHW | 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 securityโs price. The MACD is composed of three components that are typically plotted below the price chart: