Force Index

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Definition: Force Index

Force Index
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Full Definition of Force Index

A mathematical tool used by technical analysts to determine whether a stock is strengthening or weakening. The force index is equal to the difference between the closing price of a stock on two consecutive days times the volume on the second day. Large changes in the force index of a stock signal major shifts in momentum.

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https://payrollheaven.com/define/force-index/
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Force Index. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/force-index/.
Chicago Manual of Style (CMS):
Force Index. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/force-index/ (accessed: April 20, 2024).
American Psychological Association (APA):
Force Index. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/force-index/

Definition Sources

Definitions for Force Index are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.