Business, Legal & Accounting Glossary
The Momentum Indicator is a simple trend indicator consisting of the ratio today’s close price to the close ‘n’ periods ago, displayed as a percentage.
where:
Buy signals are indicated when the Momentum Indicator reaches a trough and begins to turn up and sell signals are indicated when the Momentum Indicator reaches a peak and begins to turn down.
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This glossary post was last updated: 23rd March, 2020 | 0 Views.