Momentum
The Momentum indicator measures the rate of change in a security’s price over a specified period. It is calculated by subtracting the closing price from n periods ago from the current closing price. Traders use this to gauge the strength of a trend and identify potential reversal points.
MOMENTUM
=MOMENTUM(data, period) Example Usage
=MOMENTUM(A2:F500, 14)
Parameters
| Parameter | Type | Description | Status |
|---|---|---|---|
data | Range | The input range of columns containing the Date, Open, High, Low, Close, and Volume data. | Required |
period | Number | The number of periods for the calculation. Default is 14. | Optional |
Returns
A two-column array of dates and their corresponding Momentum values.