Oscillator (technical analysis)
Encyclopedia
An oscillator is a technical analysis
indicator that varies over time within a band (above and below a center line, or between set levels). Oscillators are used to discover short-term overbought or oversold conditions.
Common oscillators are MACD
, ROC, RSI
, CCI
.
Technical analysis
In finance, technical analysis is security analysis discipline for forecasting the direction of prices through the study of past market data, primarily price and volume. Behavioral economics and quantitative analysis incorporate technical analysis, which being an aspect of active management stands...
indicator that varies over time within a band (above and below a center line, or between set levels). Oscillators are used to discover short-term overbought or oversold conditions.
Common oscillators are MACD
MACD
MACD is a technical analysis indicator created by Gerald Appel in the late 1970s. It is used to spot changes in the strength, direction, momentum, and duration of a trend in a stock's price....
, ROC, RSI
Relative strength index
The Relative Strength Index is a technical indicator used in the technical analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period...
, CCI
Commodity Channel Index
The Commodity Channel Index is an oscillator originally introduced by Donald Lambert in an article published in the October 1980 issue of Commodities magazine ....
.