Media commentators use "market momentum" to describe the enthusiasm of a rally or security. Lowry Research objectively measures momentum by tabulating the percentage of stocks trading above their moving averages. This helps determine vulnerable or attractive market conditions, while longer-term gauges evaluate primary trend health. Shorter-term indicators can also be used to assess the latter. Lowry Research combines this with supply and demand to shape their stock market analysis.
Research, Technical
Lowry Special Report From Unloved to Exuberant: Medium-Term Momentum Reversals
08 January 2024