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"ChandeMomentumOscillator" (Financial Indicator)

Commonly abbreviated CMO.

Is a momentum indicator.

Was developed by Tushar Chande.

Is computed using the close prices.

Returns two time series. The first is the ratio of net change to total change over the previous 20 periods, scaled to be between and . The second is a 9-period simple moving average of the first.

FinancialIndicator["ChandeMomentumOscillator",n1,n2] uses periods n1 and n2.

Examples

Wolfram Language code: TradingChart[{"MSFT", {{2009, 1, 1}, {2009, 3, 31}}}, {"ChandeMomentumOscillator"}]