Definitions for "Stochastic Oscillator"
The stochastic oscillator is based on the assumption that as prices increase,...
The stochastic oscillator measures, on a percentage basis, where a market price is in relation to its range for a selected number of days. It helps determine overbought and oversold conditions in the market.
Evaluates a market's momentum by determining the relative position of closing prices within the high-low range for N days. It measures the relationship between the close and the high-low range as a percent between 0 and 100. A 70 or higher means the close is in the top of the range, a 30 or lower in the bottom of the range.