Sentences with phrase «oscillator rises»
According to technical analysis, when the stochastic oscillator rises above 80 %, the market is overbought, and when the oscillator drops below 20 %, the market is oversold.
https://www.babypips.com/
A long position should be closed when a sell signal (described above) occurs, OR the ultimate oscillator rises above 50 and then falls below 45, or it rises above 70.
A sell signal appears when there is a bearish divergence (the price reaches a higher high, but the ultimate oscillator does not), OR the ultimate oscillator rises above 50 and then falls below the lowest point reached during the bearish divergence
A short position should be closed when a buy signal (described above) occurs, OR the ultimate oscillator rises above 65, or falls below 30.
Not exact matches
«The basic elements are 1) the market is in a rising trend, defined as the NYSE Composite being above its 10 - week average, 2) both daily new highs and new lows exceed 2.2 % of issues traded, and 3) the McClellan Oscillator is negative — meaning that market breadth as measured by advances and declines is relatively weak (there's some dispute, which I will not join, as to whether the Oscillator has to be negative that day or turn negative later).
So, if a market is in a strong uptrend, an oscillator will show the market as being over-bought for the majority of the uptrend, even if it continues rising for a great deal of time.
Oscillator signals concerning the next rise are strong enough to dismiss every intermediate resistance level before 820, allowing for projections of a smooth rise to the $ 800 price level.