Rank | Ticker | Consecutive Days Below 0 |
---|---|---|
1 | SOXL π π | 46 |
2 | TGT | 31 |
3 | MMM | 16 |
4 | PINS | 13 |
5 | VRT π | 12 |
6 | LRCX | 10 |
7 | APLD π π | 6 |
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: