Stochastic Momentum Index (SMI)

Locates the close relative to the midpoint of the recent high/low range and double-smooths that distance with two EMAs, bounding readings between -100 and +100. Readings of +40 and above indicate an overbought market, -40 and below an oversold market.

Live Demo

Pick a market regime to see how SMI(10) reacts:

Usage

import {SMI} from 'trading-signals';
 
// SMI yields results once 14 inputs have been added
const smi = new SMI();