Momentum
LiveReturns the Momentum indicator based solely on price data.
How calculated | (Latest price/price given days ago-1)*100 |
Example usage | =Momentum("MSFT") - Returns Momentum value for 10 day period =Momentum("MSFT",20) - Returns Momentum value for 20 day period =Momentum("MSFT",20,"9/1/2022") - Returns Momentum value for 20 day period with start date 1 September 2022 |
Notes | Positive momentum can indicate a potential bullish trend while negative momentum can indicate a bearish trend |
Assets | Stocks, ETFs, Mutual Funds, Currencies, Cryptocurrencies |