Stochastic Oscillator (Stochastic Oscillator)

Stochastic Oscillator is a momentum indicator developed by George C. lane in the late 1950s. It is used in technical analysis to track bullish and bearish divergences as well as oversold and overbought conditions. Stochastic Oscillator is calculated by positioning the current closing price in relation to the range of high/low closes over a certain number of periods, usually 14.