Aroon Oscillator Stock Analysis & Aroon Oscillator Trading Signals
Calculated from Aroon Indicator.
Calculation
Oscillator is calculated by subtracting Aroon DOWN Indicator from Aroon UP Technical Indicator.
The Oscillator oscillates between -100 and +100, this is because both Aroon UP Indicator and Aroon DOWN Indicator moves between Zero & 100.
Trading Analysis & Generating Signals
Buy Trading Signal
The Oscillator gives a technical buy signal when it goes above the Zero line. The further it is from zero the stronger the up trend
The indicator portrays price is gaining momentum if it keeps moving towards +100, & momentum is reducing if it's approaching the Zero mark.
Sell Signal
The Oscillator gives a technical short signal when it goes below the Zero line. The further it is from zero the stronger the down trend
The indicator portrays price is gaining momentum if it keeps heading towards -100, & momentum is reducing if it's approaching the Zero mark.
Buy & Sell Signals