From VectorVest stock analysis:
RT (Relative Timing): FORE has an RT rating of 1.16. On a scale of 0.00 to 2.00, an RT of 1.16 is good. RT is a fast, responsive, short-term price trend indicator.
It analyzes the direction, magnitude, and dynamics of a stock's price behavior over the last 13 weeks; then reflects and projects the short-term price performance of the stock.
Once a stock's Price has established a strong trend, it is expected to continue that trend for the short-term. If the trend dissipates, RT will gravitate towards 1.00. Should the price change dramatically, RT will notice the crucial turning point. When warranted, it will explode from a Price low and dive from a Price high.
All stocks are rated on a scale of 0.00 to 2.00. If RT is above 1.00, the stock's Price is in an uptrend. Below 1.00, the stock's Price is in a downtrend.
Good Investing, Igor |