A momentum indicator in which today’s closing price is divided by the closing price n periods ago. Multiply by 100. Subtract 100 from this value. ((C today/Cn) * 100) – 100.
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A momentum indicator in which today’s closing price is divided by the closing price n periods ago. Multiply by 100. Subtract 100 from this value. ((C today/Cn) * 100) – 100.
« Back to Glossary Index