| Rank | Ticker | Consecutive Days Below Signal Line | Name |
|---|---|---|---|
| 1 | ERX | 23 | Direxion Energy Bull 2X Shares |
| 2 | UTSL | 18 | Direxion Daily Utilities Bull 3 |
| 3 | AEO ๐ | 15 | American Eagle Outfitters, Inc. |
| 4 | TAL ๐ | 11 | TAL Education Group |
| 5 | GOLD | 10 | A-Mark Precious Metals, Inc. |
| 6 | NEM | 9 | Newmont Corporation |
| 7 | CART | 1 | Maplebear Inc. |
| 8 | NNOX ๐ ๐ | 1 | NANO-X IMAGING LTD |
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: