Swing Index
The Swing Index is a popularindicator that shows comparative price strength within a single security bycomparing the current open, high, low and close prices with previous prices.The Swing Index is a component of the Accumulation Swing Index This momentumindicator is used primarily as a component of the Accumulative Swing Index.
It provides an indication of thereal strength and direction of a price trend by providing a single indicatorline, which can be analyzed for support and resistance lines.
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