What is meant by the term momentum? Looking at the prices for a hypothetical stock, XYZ, explain
Question:
What is meant by the term momentum? Looking at the prices for a hypothetical stock, XYZ, explain what is happening as far as the price trend and momentum over time. Sketch a graph of this stock’s price and comment on how the curve’s shapeis impacted by momentum.
a. Using this information, calculatethefollowing:
i. On-Balance-Volume ii. Price-volumetrend iii. William’s Variable Accumulation Distribution iv. Accumulation Distribution v. Chaikin Money Flow vi. Money Flow Index (using a seven-day period)
b. Looking at the calculations you have made, what observations can you make about Facebook over thethree-month period observed?
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Related Book For
Technical Analysis The Complete Resource For Financial Market Technicians
ISBN: 978-0134137049
3rd Edition
Authors: Charles Kirkpatrick, Julie Dahlquist
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