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Technical

Momentum

The rate of change in price movement. In Elliott Wave analysis, momentum typically peaks during Wave 3 and weakens during Wave 5, creating divergence signals that confirm wave completion.

RELATED TERMS

Momentum Divergence
When price makes a new high (or low) but momentum indicators (RSI, MACD) do not ...
Volume
The number of shares or contracts traded during a given period. In Elliott Wave,...
Wave 3
Usually the longest and most powerful impulse wave. Wave 3 is never the shortest...
Minute DegreeAll TermsMomentum Divergence