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Momentum Type  
There are many different terms used in the financial markets today to identify trends and types of trends for securities and indices. Trends and their analysis are sometimes made of various components, one of them being momentum. In our analysis and formula structure we have identified 2 distinct types of momentum, vector and transition. You will find that they are relatively self-explanatory.
Vector  

Vector momentum is identified within a security when it exhibits a tendency to continue on an existing course - be it up or down, for the short term.

These securities may respond stronger to brief market 'rallies' or 'retreats'.

Transition  
A transitional momentum is identified within a security when it exhibits a tendency to break from its most recent course - be it up or down, for the short term.

Securities with transitional momentum tend to have greater intra-day volatility.
The momentum identified here are displayed within the eQuote modules as the primary intra-day movement indicator for a security and its sector. These same conventions are applied to the MarketMeter's Intra-Day gauge for indicating the market's principal intra-day momentum designed to assist with day trading, and with position entry/exit for Short Term Investors.
 
n/a  
When displayed indicates the lack of any significant or detectable momentum, or momentum cannot be displayed for the security due to time or access restrictions that may apply.
expired  

Momentum and related Movement Indicators are designed for intra-day use only. Indicator values are generated and posted well before the start of each trade day (usually by 6:00AM ET /w Pre-Market access) to give Investors ample time to prepare, and will automatically expire at the end of the same day (11:59PM ET).

A Security's eQuote information will also show as "Expired" when it has not had trading activity during a recent session, or if its average-daily-liquidity has fallen below the set minimum.