What is Chande Momentum Oscillator (CMO) Indicator?
Ever feel like the market's playing tricks on you? One day your stock's flying high, the next it's crashing down, and you're left wondering what just happened. Well, here's where the Chande Momentum Oscillator (CMO) comes in handy—it's like having a friend who actually pays attention to both the good news and the bad news.
Most momentum indicators out there are kind of one-sided. They get excited about the gains but totally ignore the losses. The CMO is different. It's like that balanced friend who tells you both sides of the story before you make any big decisions.
The indicator swings between -100 and +100, and once you get the hang of reading it, you'll start spotting when stocks might be getting too expensive or too cheap. It's not magic, but it's pretty useful for getting a feel for market momentum.






