Stochastics are range bound momentum oscillators. They calculate values between 0 and 1 which are usually plotted as 2 lines. These indicators are primarily used for identifying overbought and oversold conditions, line crossovers, divergences and increases in buying or selling pressure. There are several kinds of stochastics such as the Stochastic Oscillator, the Stochastic RSI as well as several popular custom stochastics developed by the community.