Liquidmetal Technologies Inc (LQMT)

[chipboarder]

Perhaps it’s time to dust off a concept found on “StockCharts” called Relative Rotational Graphing or RRG for short. It considers relative strength and momentum to characterize strength and trends.
As an engineer, I think it has potential as a timing tool but in physics I was taught that momentum is mass x velocity which I modified to volume x price movement as a surrogate for a stock’s momentum. This actually becomes an oscillator as one calculates positive and negative price movement.

There are also those who apply the principles of Statistical Process Control (SPC) to price movement to establish when random “static” becomes a real trend. Bollanger Bands represent a simplistic version of SPC.

Back to the Steelers game!