Indicator Overview
Current Value: 0.145 (Bullish)
The Momentum indicator measures the rate of price changes over time. Positive values suggest bullish momentum.
Interpretation
A rising Momentum value indicates increasing buying pressure. Current data suggests a slight bullish trend is emerging.
Key Rules
- MOM > 0: Bullish momentum; buyers are in control.
- MOM < 0: Bearish momentum; sellers are in control.
- Sharp increases: Sign of strong price acceleration.
Example Chart
