| Rank | Ticker | Consecutive Days Below Signal Line | Name |
|---|---|---|---|
| 1 | SU | 21 | Suncor Energy Inc. |
| 2 | BP | 17 | BP p.l.c. |
| 3 | ITUB | 16 | Itau Unibanco Banco Holding SA |
| 4 | EOG | 11 | EOG Resources, Inc. |
| 5 | KHC | 6 | The Kraft Heinz Company |
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: