1.

Record Nr.

UNINA9910467314303321

Autore

Thomsett Michael C.

Titolo

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

Pubbl/distr/stampa

New York, NY : , : Business Expert Press, , 2019

ISBN

1-949991-63-6

Edizione

[First edition.]

Descrizione fisica

1 online resource (148 pages)

Collana

Finance and financial management collection, , 2331-0057

Disciplina

332.632042

Soggetti

Technical analysis (Investment analysis)

Risk management

Finance - Decision making

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

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.

Sommario/riassunto

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.