In
technical analysis, a measure of market movements created by comparing a 13-day
moving average of a
security's volume to a 13-day moving average of its
price. A Klinger oscillator is designed to detect long-term
trends while also showing short-term
reversals. Theoretically, if one follows a Klinger oscillator, one may
profit from a long-term uptrend while avoiding temporary losses from short-term downtrends. This allows the
investor to maximize his/her
return.