Understanding Momentum in Investment Technical Analysis : Making Better Predictions Based on Price, Trend Strength, and Speed of Change.
The concept of momentum in chart analysis is of great interest to technical analysts. Momentum indicates the strength and speed of price movement, but not the direction. It enables, through the use of index calculations, identification of conditions when a stock's price is either overbought or...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
New York :
Business Expert Press,
2019.
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Temas: | |
Acceso en línea: | Texto completo |
Sumario: | The concept of momentum in chart analysis is of great interest to technical analysts. Momentum indicates the strength and speed of price movement, but not the direction. It enables, through the use of index calculations, identification of conditions when a stock's price is either overbought or oversold. Momentum is most effective when used as a confirming indicator for other signals found in price, volume, or moving averages. Often overlooked by traders focused on price reversals or continuation signals, momentum provides a context to price behavior and to the price trend. |
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Descripción Física: | 1 online resource (148 pages) |
ISBN: | 1949991636 9781949991635 |