Tag Archives: stochastics slow
The Stochastic Oscillator
The stochastic oscillator is a technical indicator that is used by traders all over the world. The stochastics is actually an oscillator, i.e, it oscillates between 2 values. Stochastics Oscillator oscillates between value of 0 and 100.
The stochastics value of close to 0 is considered to be over sold, i.e, market is enough sold and can bounce back any time, whereas the stochastics value of close to 100 is considered to be over bought, i.e, the market is enough bought