BOVESPA Index (Brazil) Momentum Indicators Aroon
BVSP Index | 129,036 90.00 0.07% |
Symbol |
Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Aroon Indicator was developed by Tushar S. Chande to indicate when a new trend is dawning. The indicator consists of two lines that measure how long it has been since the highest high/lowest low has occurred within an (N) period range. When BOVESPA Index Aroon Up is staying between 70 and 100 then it indicates an upward trend. When the Aroon Down is staying between 70 and 100 then it indicates an downward trend. A strong upward trend is indicated when the Aroon Up is above 70 while the Aroon Down is below 30. When BOVESPA Index Aroon Down crosses above the Aroon Up, it indicates a weakening of the upward trend (and vice versa).
BOVESPA Index Technical Analysis Modules
Most technical analysis of BOVESPA Index help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for BOVESPA from various momentum indicators to cycle indicators. When you analyze BOVESPA charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
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