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.