Ultimate Oscillator: An oscillator that attempts to combine information for several different time periods into one number. Three different time periods are used, typically a 7-day period, a 14-day period, and a 28-day period. The resulting oscillator is "bounded" in that it moves between 0 and 100 with 50 as the center line. 70 and 30 are used as overbought/oversold levels.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.