| Rank | Ticker | Consecutive Days Below Signal Line | Name |
|---|---|---|---|
| 1 | IREN π π | 21 | IREN LIMITED |
| 2 | MU π | 17 | Micron Technology, Inc. |
| 3 | PTON π π | 13 | Peloton Interactive, Inc. |
| 4 | SPOT | 12 | Spotify Technology S.A. |
| 5 | NRG | 2 | NRG Energy, Inc. |
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 securityβs price. The MACD is composed of three components that are typically plotted below the price chart: