The Aroon Oscillator is calculated by subtracting Aroon down from Aroon up (as calculated in the Aroon Indicator). It gauges the strength of a current trend and the likelihood that it will continue. Readings above zero indicate that an uptrend is present, while readings below zero indicate that a downtrend is present.
Modified on: Tue, 8 Nov, 2016 at 11:07 AM
Did you find it helpful?Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.