Abbreviation: Stoch%K

Category: Price Momentum Indicators

Input Parameters:

Name | Range | Default |

High Price | High | |

Low Price | Low | |

Closing Price | Close | |

Stochastic periods | Int >= 1 | 5 |

Calculation:

100 * (Closing Price – PriceLow(Low, n)) / (PriceHigh(High, n) – PriceLow(Low, n))

where

n = Stochastic periods

PriceHigh represents Price High

PriceLow represents Price Low

Discussion:

The measures price momentum. Mathematically, %K ranges between values of 0 and 100. The closer %K is to 100, the stronger an indication of an uptrending market. The closer %K is to 0, the stronger an indication of a downtrending market.