The $NYMO ticker is the McClellan Oscillator that is ratio adjusted for the end of the day. The McClellan Oscillator ($NYMO) is a technical market breadth indicator that is calculated based on the variance between the number of advancing and declining stocks on the New York Stock Exchange. This technical indicator is used to show […]
Original source: https://www.newtraderu.com/2021/08/28/mcclellan-oscillator-nymo-explained/
