Stochastic Momentum Index

The Stochastic Momentum Index (SMI) is a variant of the Stochastic Oscillator Indicator, which shows the distance between the current close and the recent n-period high/low range. In comparison, the SMI shows where the close is relative to the midpoint of the same range.


This is a companion discussion topic for the original entry at https://www.optuma.com/kb/optuma/tools/price/stochastic-momentum-index