- momentum
- The amount of acceleration of an economic, price, or volume movement. A trader that follows a movement strategy will purchase stocks that have recently risen in price. Bloomberg Financial Dictionary
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momentum mo‧men‧tum [məʊˈmentəm, mə- ǁ moʊ-, mə-] noun [uncountable]the ability to keep increasing, developing, or being more successful:• A movement to remove government restrictions on business operations gained momentum.
• Economists warned the economy was losing momentum rapidly and that growth could slip as low as 1.5% next year.
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In technical analysis momentum is a type of oscillator that is used to measure the rate of change - as opposed to the actual price level. The momentum indicator is the difference between the price of the instrument today and the price in the previous determined periods. It is used to signal overbought or oversold conditions as well as entry and exit points.► See also Technical Analysis.* * *
momentum UK US /məʊˈmentəm/ noun [U]► the force that keeps an object moving or keeps an event developing after it has started: gain/pick up/gather momentum »Stocks gained momentum on strong quarterly reports across the tech world.
»There is worrying evidence that the economy is losing momentum.
build/increase/add momentum »We continue to build momentum in our quest to grow our businesses.
»Election of business oriented leaders gave momentum to new downtown redevelopment.
»upward/forward/downward momentum
»business/economic/political momentum
Financial and business terms. 2012.