Price momentum

(redirected from Relative Strength Indicators)

Price momentum

Related: Relative strength
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Price Momentum

The performance of a stock relative to its industry or the performance of an industry relative to the market as a whole. A stock (or industry) that outperforms its industry (or market) for a given period of time is seen as a bullish sign for that stock (or industry). The concept is also called relative strength.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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Based on relative strength indicators, DA Market said the market was at "overbought" territory.
PSEi falls below 7,700

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