Don't Ignore This Chart!

Weekly Percent Price Oscillator Falls, but Remains Positive for SPY


The Percent Price Oscillator (PPO) is a momentum oscillator that fluctuates above/below the zero line. While traders use divergences and direction for signals, investors can simply abide by the positive and negative crosses. The bulls have a trend edge when PPO is positive, while the bears have an edge when the PPO is negative.


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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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