"IntradayMomentumIndex" (Financial Indicator)

Sometimes abbreviated as IMI.

Is a momentum indicator.

Is computed using the open and close prices.

Returns one time series, which is the ratio of total intraperiod gains to losses over 14 periods.

FinancialIndicator["IntradayMomentumIndex",n] uses n periods. The first value in the time series occurs after n periods.

Examples