Rank | Ticker | Consecutive Days Below Signal Line |
---|---|---|
1 | EL | 53 |
2 | DHR | 23 |
3 | CRH | 22 |
4 | BG | 20 |
5 | IP | 15 |
6 | SPG | 14 |
7 | DRN | 7 |
8 | AA | 5 |
9 | AU | 3 |
10 | NIO 🚀 📈 | 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: