The ( ) shows the green line rising above the 50 level which is the midpoint of the total range. An reading above 50 indicates short-term momentum while a reading below 50 indicates short-term momentum. The crossed above the 60 level today which indicates that there is strong momentum behind price right now. The purple signal line is also rising which indicates intermediate-term momentum is as well. In general, you want to see the green line rising above the purple signal line, and for both lines to be above the 50 level as a sign of momentum.
The Price Percent Oscillator( ) shows the green line rising above the purple signal line, both lines trending up and both lines crossing above the 0 level. This indicates momentum in the short-term as a reading above 0 is considered while a reading below 0 is considered .
The ( ) show the green line rising above the purple line which indicates positive direction behind price when comparing recent highs to recent lows in price. The histogram behind the DI lines is still low which indicates relatively weak strength behind price. In general during a price move higher, you want to see the green line above the purple line and the histogram bars rising above the white dotted line at the 25 level as an indication of strength behind price.
The indicator shows that today was at its highest level since March 26th, and also in a recent trend of increasing . Rising as price moves higher is a sign. Today’s bar is bright green and indicates that and price are both higher than they were 10 days ago and is considered a price/ day.
Overall, the move today is as price broke above 38.2% resistance, the lower momentum and trend indicators are all , and is increasing over the past few days and broke to a new 1-month high today. The tentative stop-loss level for long trades is shown in blue and is just below the most recent consolidation lows prior to the breakout today.