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The momentum oscillator is calculated by taking the most recent closing pricem subtracting

The momentum oscillator is calculated by taking the most recent closing pricem subtracting the closing price from a prior date that is a set number of days in the past, and multiplying the result by 100.

Please explain why when the ROC oscillator crosses into positive territory during an uptrend, it is a buy signal, and when it enters into negative territory during a downtrend, it is considered a sell signal.

Dec 02 2019 Read more Less More

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