|AORD -- Australia Index|| |
6,791 10.50 0.15%
All Ords momentum-indicators tool provides you with the Momentum Indicators execution environment for running Aroon indicator against All Ords. Momentum indicators of All Ords are pattern recognition functions that provide distinct formation on All Ords 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 ten with a total number of output elements of fifty-one. 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 All Ords 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 All Ords 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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