The Trendlyne Momentum Score identifies the bullish or bearish nature of a stock, calculated daily from over 30 different technical indicators. A score above 50 indicates high momentum. In contrast, the Normalised Momentum Score is a percentile of the Momentum score across all traded stocks and ETFs. So, there will always be a stock with a score of 100 as well as 1.
What is the difference between ‘Normalised Momentum Score’ & ‘Trendlyne Momentum Score’? Print
Modified on: Mon, 14 Oct, 2024 at 5:58 PM
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