Chande Momentum Oscillator - Technical Indicator
The chande momentum oscillator (CMO) was developed by Tushar Chande andis a technical indicator that attempts to capture the momentum of a security. Chande discussed this and many other indicators in his book " The New Technical Trader ". The chande momentum oscillator differs from other technical indicators like the RSI and MACD, because it uses up and down days in both the numerator and denominator. Chande Momentum Oscillator Overbought/Oversold Levels The CMO is a unique oscillator, but like all other oscillators, it has overbought and oversold levels. Since the indicator is based on previous closing prices, it will oscillate between +100 and -100. ...
All fields are Required.
email if entered not will be shown.
Tags forbidden.