Akram01

Cyclical Characteristics of Market Performance Indicators

EGX:EGX30   EGX 30 Price Return Index
From Technical Analysis in the Vicinity of Financial Physics

The buying strength shown by ISTRI decreased with a rate higher than the decrease of buying pressure and buying momentum. This explains the reason for future decline in buying pressure, momentum.

PS the momentum indicator is the product of volume and the change in price.

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