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DeskIndicators

CMO

How much recent closes rose compared with how much they fell.

The CMO (Chande Momentum Oscillator) compares the size of up-moves with the size of down-moves over the lookback. It is its own pane. 100 means every change was up, −100 means every change was down.

Default length is 9. Dashed levels sit at −50 and 50. A flat market shows 0.

Above zero the gains in the window outweigh the losses. Crossing zero or a level is a common read, not a signal by itself.

Settings: gear on the pane bar — see Indicators.