View source for Technical Analysis Quiz 7

<quiz display=simple shuffle=true case=(i)>
{ This is 
 [[Image:Class A Bearish Divergence.svg]] 
|type="{}"}
Class { A (i) _1 } { bear (i) _8 }ish divergence.

{ This is
 [[Image:Class C Bullish Divergence.svg]] 
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Class { C (i) _1 } { bull (i) _8 }ish divergence.

{ This is
 [[Image:Class B Bullish Divergence.svg]] 
|type="{}"}
Class { B (i) _1 } { bull (i) _8 }ish divergence.

{ This is 
 [[Image:Class B Bearish Divergence.svg]] 
|type="{}"}
Class { B (i) _1 } { bear (i) _8 }ish divergence.

{ This is 
 [[Image:Class C Bearish Divergence.svg]] 
|type="{}"}
Class { C (i) _1 } { bear (i) _8 }ish divergence.

{ This is
 [[Image:Class A Bullish Divergence.svg]] 
|type="{}"}
Class { A (i) _1 } { bull (i) _8 }ish divergence.

{  
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There are two basic types of indicator -- { trend following } and { momentum oscillator }s.

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{ Trend following } indicators are designed to { smooth } price data so that a trend can be represented as a { line }.

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{ Momentum oscillators } measure { momentum }, allowing us to detect changes in speed or { direction } of price change.

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A { simple } { moving } { average } is calculated by adding the closing prices for the last n periods and diving by n.

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An { oscillator } is an indicator that is constructed so that it swings back and forth across a { reference } line that is usually { zero|0 }.

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{ Momentum } means the speed at which { price } is moving from one period to the next.

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A simple { momentum } oscillator is calculated by { subtracting } the price n periods ago from today's price.

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{ Overbought } is the level of price coinciding with extreme levels of momentum oscillator above the centre line. 

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{ Oversold } is the level of price coinciding with extreme levels of momentum oscillator below the centre line.

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A { triple } divergence is a common divergence followed by yet another divergence.  That is, there are { three } price swing highs or lows and the oscillator does not confirm the { second } and { third } price highs  or lows.

</quiz>

Next quiz [[Technical Analysis Quiz 8]]

[[Category:Technical Analysis|Quiz 07]]