| The Chande Momentum Oscillator (CHMO) is a technical analysis indicator developed by Tushar Chande that measures the momentum of a security's price trend over a specified period. The CHMO is designed to be less sensitive to short-term price fluctuations than other momentum indicators and to provide a more accurate measurement of trend strength over longer periods. The indicator oscillates between -100 and +100, with readings above +50 indicating a bullish trend and below -50 indicating a bearish trend. Traders can use the CMO to identify potential trend reversals and confirm the strength of a current trend. |
