George Lane developed the stochastics indicator in the 1950s. It is in the category of momentum indicators. It is also an oscillator, which means that its value can range from 0 to 100, and nothing outside of that range. Contents Values of above 80 on the stochastics are considered to indicate that the stock is … Read more
What is the Stochastic Oscillator? The Stochastic Oscillator is an indicator that compares the most recent closing price of a security to the highest and lowest prices during a specified period of time. It gives readings that move (oscillate) between zero and 100 to provide an indication of the security’s momentum. The stochastic readings … Read more
Day and short-term traders use technical indicators to analyze price movement for a short period, while long-term investors also use technical indicators to identify entry and exit points. There are two main types of technical indicators, which are: Oscillators: These are technical indicators that oscillate between a local minimum and maximum, they are plotted above … Read more