Charting method that measures security pricing behavior over a period of time This is one of the indicators available through the eVision charts features
A technical indicator that functions as an overbought/oversold oscillator It consists of 2 lines (%K & %D) Based on the premise that when price is rising, it will tend to close near the high of the day on daily charts (but can be used on charts of any time period from 1-minute & up) For an advance to stop, it must first slow down Thus a change in the momentum of an advance occurs before price reverses Stochastics attempts to identify this change in momentum Also used to signal divergences Works best in non-trending markets
Measures the position of a stock, market, or industry group average as compared with its most recent trading range, indicating oversold and overbought conditions