Meanings of momentum indicator in English

On the technical momentum indicator, a reading below 30 suggests an index is oversold.

Its relative strength index, a momentum indicator, approached levels it has only broken above once this year.

The index also remained above its 200-day moving average, a momentum indicator that defines possible support and resistance areas.

In another weak technical sign, the Nikkei's MACD, a longer-term momentum indicator, was flattening out after rising for two weeks.

The RSI is a technical momentum indicator that determines overbought and oversold conditions, with values of 70 and above considered overbought.

The index was also above its 200-moving average - a momentum indicator which defines possible support and resistance areas - a bullish sign for equities.

The index's moving average convergence divergence, or MACD, a widely followed momentum indicator, fell slightly short of generating a 'buy' signal and also provided resistance.

The S&P 500 posted a bullish technical alert as its daily moving average convergence-divergence, or MACD, a widely followed momentum indicator, generated a "buy" signal.

That upward momentum indicator last occurred in June 2009, and the index rose more than 20 percent in the next four months.

The rebound in banking stocks, however, was seen as technical, with its 14-day relative strength index, a momentum indicator, hitting 29 on Tuesday.

That upward momentum indicator last occurred in June 2009, and the benchmark index rose more than 35 percent in the following 10 months.

The upward momentum indicator last occurred in June 2009, and the benchmark index climbed more than 20 percent in the following four months.

That upward momentum indicator last occurred in June 2009, and the benchmark index climbed more than 20 percent in the following four months.

Banks were still rebounding from Friday, when the sector's 14-day relative strength index, a momentum indicator, hit "oversold" territory of 30.5.

Meanwhile, momentum indicators show the strength in S&P 500 is starting to decline as well.

The market remains in an uptrend and momentum indicators suggest we could go higher, Guardian's Latif said.