Momentum - Technical Analysis from A to Z
The Momentum indicator measures the amount that a security's price has changed over a given time span.
The interpretation of the Momentum indicator is identical to the interpretation of the
price ROC.
Both indicators display the rate-of-change of a security's price. However, the Price ROC indicator displays the
rate-of-change as a percentage, whereas the Momentum indicator displays the rate-of-change as a ratio.
|