Understanding momentum in investment technical analysis : making better predictions based on price, trend strength, and speed of change /

Thomsett, Michael C.,

Understanding momentum in investment technical analysis : making better predictions based on price, trend strength, and speed of change / Michael C. Thomsett. - First edition. - New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, (c)2019. - 1 online resource (132 pages) : illustrations - FInance and financial management collection, .

Part I. The theory of overbought and oversold. Chapter 1. Momentum in the concept of technical analysis -- Chapter 2. The concept of overbought and oversold -- Chapter 3. Moving averages -- Part II. The momentum oscillators. Chapter 4. Relative strength index -- Chapter 5. Moving average convergence divergence -- Chapter 6. Rate of change -- Chapter 7. The stochastic oscillator -- Chapter 8. Bollinger bands -- Part III. Trading with momentum oscillators. Chapter 9. Coordinating oscillators with other indicators -- Chapter 10. Reversal signals and confirmation -- Chapter 11. Continuation signals and confirmation.

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.




Mode of access: World Wide Web.
System requirements: Adobe Acrobat reader.

9781949991635


Investment analysis.
Speculation.
Trading bands (Securities)
Stock price forecasting.

Overbought. Oversold. Moving average. Oscillator. Relative strength index. Stochastic oscillator. Rate of change. Bollinger Bands. Reversal. Confirmation.


Electronic books.

HG4529 / .U534 2019