UK Accounting Glossary
It is calculated as a percentage of the latest price compared to the price a number of periods ago. It is usually displayed as a line on a chart with a vertical axis representing the magnitude and a horizontal axis representing time. The slope of the oscillator is proportional to the speed and strength of the movement. It is used to signal overbought or oversold conditions as well as points at which investors may wish to buy or sell.
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Definitions for Momentum Oscillator are sourced/syndicated and enhanced from:
This glossary post was last updated: 23rd March 2020.