Sipho Hlatshwayo
New Member
5. Add Stochastic Oscillator
In technical analysis of securities trading, the stochastics oscillator is a momentum indicator that uses
support and resistance levels. Dr. George Lane promoted this indicator in the 1950s. The term
stochastic refers to the location of a current price in relation to its price range over a period of time.
This method attempts to predict price turning points by comparing the closing price of a security to its
price range.
In technical analysis of securities trading, the stochastics oscillator is a momentum indicator that uses
support and resistance levels. Dr. George Lane promoted this indicator in the 1950s. The term
stochastic refers to the location of a current price in relation to its price range over a period of time.
This method attempts to predict price turning points by comparing the closing price of a security to its
price range.