stochastic
Definition 1
A model based on the belief that as prices increase (or decrease), closing prices tend to accumulate ever more closely to the highs (or lows) for a given period.
Definition 2
More generally, pertaining to a series of random processes.
A model based on the belief that as prices increase (or decrease), closing prices tend to accumulate ever more closely to the highs (or lows) for a given period.
Definition 2
More generally, pertaining to a series of random processes.
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stochastic is ...
... part of the Technical Analysis subject.
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