FTB-C000444 / Formula component

Price Momentum

Price Momentum is the signed close-to-close change used as the numerator input of TSI.

Also known assigned momentum

Definitions

In plain terms

Positive values indicate an upward one-period change and negative values a downward change.

Technical

The calculation inherits close field, ordering, adjustment basis, gap, missing-value, and revision rules.

Scope

It is an absolute price change, not rate of change or return.

Examples

  • A governed lesson calculates or identifies Price Momentum only after its inputs, window, state, scale, and edge cases are declared.

Common misconceptions

  • It is an absolute price change, not rate of change or return.

Concept relationships

Where this concept is used

Evidence and governance

  1. True Strength Index TA-Lib · first party technical publication

    Supports: preferred label, short definition, technical definition

    Limits: Long/short ordering, EMA seeds, warm-up suppression, optional signal line, and zero denominator vary by implementation.

Reviewed by
fintech-builder-batch-008
Last reviewed
2026-07-29
Next review
2027-07-29
Record status
published