Recent Articles

 
  • Relative Momentum Trending Higher For Smith & Nephew (SN.L)

    Drilling into the technicals for Smith & Nephew (SN.L), we have noticed that the Relative Momentum Indicator, or RMI, has been trending higher over the past week.  Traders will be actively monitoring current levels as the shares potentially close in on overbought territory. Similar to RSI, the RMI indicator moves in the range of 0 to 100; and the same as with […]

     
     
  • Arcontech Group Plc (ARC.L): RMI Suggests Potential Turnaround

    Arcontech Group Plc (ARC.L) shares have popped up on the radar as the RMI or Relative Momentum Indicator has trended higher over the past 5 sessions.  As the momentum builds, we will be closely watching to see if they cross into Overbought territory.  The Relative Momentum Index is calculated as the ratio of average upward price changes to the average […]

     
     
  • Ikonics Corp (IKNX) Relative Momentum On the Rise

    Shares of Ikonics Corp (IKNX) have seen the Relative Momentum Indicator (RMI) climb higher over the past 5 sessions.  When this occurs, traders will be watching closely to see if the price breaks through a key level into overbought territory.   The Relative Momentum Index was created by Roger Altman and was first published in his article in a1993 issue of Technical Analysis […]

     
     
  • Is Nike Inc (NKE)’s RMI Headed Towards a Peak?

    Drilling into the technicals for Nike Inc (NKE), we have noticed that the Relative Momentum Indicator, or RMI, has been trending higher over the past week.  Traders will be actively monitoring current levels as the shares potentially close in on overbought territory. Similar to RSI, the RMI indicator moves in the range of 0 to 100; and the same as with RSI, […]

     
     
  • Sturm Ruger & Company (RGR) Relative Index Reading Trending Higher

    Sturm Ruger & Company (RGR) shares have popped up on the radar as the RMI or Relative Momentum Indicator has trended higher over the past 5 sessions.  As the momentum builds, we will be closely watching to see if they cross into Overbought territory.  The Relative Momentum Index is calculated as the ratio of average upward price changes to the […]