StockFetcher Forums · Indicators and Measures · Intraday Momentum Index (IMI)<< >>Post Follow-up
stockfetcher
963 posts
msg #30751
1/22/2004 10:23:32 AM

Intraday Momentum Index (IMI)

Parameters Period
Usage IMI(14)
Description The Intraday Momentum Index (IMI) is the same formula as the Relative Strength Index (RSI), except intraday differences are used as input. In otherwords, while the RSI uses the day-to-day change as input, the IMI uses the difference between the high and low values for the day. The IMI was designed by Tushar Chande.

The only parameter used with the IMI on StockFetcher is the period. The period is used within the RSI-based formula. Additionally, the results from the IMI measure are scaled between 0 and 100.

Examples
Fetcher[show stocks where the IMI(14) is below 30]


Fetcher[show stocks where the IMI(14) is above 70 and the IMI(14) crossed below the CMA(IMI(14),5)]



StockFetcher Forums · Indicators and Measures · Intraday Momentum Index (IMI)<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus