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Understanding Momentum in Investment Technical Analysis

Making Better Predictions Based on Price, Trend Strength, and Speed of Change

Michael C. Thomsett

$41.95

Paperback

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English
Business Expert Press
30 June 2019
This book explains and demonstrates the concept of momentum in chart analysis, which is of great interest to technical analysts.

It includes complete explanations of overbought and oversold, where momentum fits in the broader science of technical analysis, and the importance of moving average crossover. Five major momentum oscillators are explained in depth: relative strength index, MACD, rate of change, stochastics, and Bollinger Bands. Finally, the book provides trading guidance based on momentum, involving coordination of oscillators with other indicators, reversal, and continuation signals.

Momentum powerfully identifies the strength and speed of price movement. Through the use of index calculations, momentum is effective when used as a confirming indicator for other signals found in price, volume, or moving averages. Often overlooked by traders focused solely on price reversals or continuation signals, momentum provides a context to price behavior and to the price trend, and can vastly improves the timing of both entry and exit of trades.
By:  
Imprint:   Business Expert Press
Country of Publication:   United States
Dimensions:   Height: 229mm,  Width: 152mm,  Spine: 8mm
Weight:   209g
ISBN:   9781949991628
ISBN 10:   1949991628
Pages:   146
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active

Michael C. Thomsett is an expert in technical analysis and stock markets. He has published dozens of books on the topic as well as peer-reviewed papers, magazine articles, and blog entries.

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