Aroon Oscillator Stock Indices Technical Analysis & Aroon Oscillator Stock Indices Signals
Calculated from Aroon Stock Index Indicator.
Calculation
The oscillator is calculated by subtracting Aroon DOWN Technical Indicator from Aroon UP Technical Indicator.
Oscillator oscillates between -100 and +100, this is because both Aroon UP Indicator & Aroon DOWN Indicator moves between Zero and 100.
Stock Indices Technical Analysis & How to Generate Trading Signals
Buy Stock Indices Signal
The Oscillator gives a technical buy signal when it goes above the Zero line. The further it is from zero the stronger the up stock index trend
The indicator shows stock index price is gaining momentum if it keeps heading towards +100, & momentum is reducing if it's approaching the Zero mark.
Sell Indices Signal
The Oscillator gives a technical short signal when it goes below the Zero line. The further it's from zero the stronger the down stock index trend
The indicator shows stock index price is gaining momentum if it keeps moving towards -100, & momentum is reducing if it's approaching the Zero mark.
Buy & Sell Stock Indices Signals