Citigroup momentum-indicators tool provides you with the Momentum Indicators execution environment for running Aroon indicator against Citigroup. Momentum indicators of Citigroup are pattern recognition functions that provide distinct formation on Citigroup potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.
The output start index for this execution was six with a total number of output elements of eleven. The Aroon Indicator was developed by Tushar S. Chande to indicate when a new trend is dawning. The indicator consists of two lines that measure how long it has been since the highest high/lowest low has occurred within an (N) period range. When Citigroup Inc Aroon Up is staying between 70 and 100 then it indicates an upward trend. When the Aroon Down is staying between 70 and 100 then it indicates an downward trend. A strong upward trend is indicated when the Aroon Up is above 70 while the Aroon Down is below 30. When Citigroup Aroon Down crosses above the Aroon Up, it indicates a weakening of the upward trend (and vice versa). View also all equity analysis
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