An oscillator is a
technical analysis indicator that varies over time within a band (above and below a center line, or between set levels). Oscillators are used to discover short-term overbought or oversold conditions.
Common oscillators are
MACD,
ROC,
RSI,
CCI.
See also
*
Technical analysis
References
Investopedia - OscillatorStockCharts.com - Introduction to Technical Indicators and Oscillators
{{technical analysis
Technical analysis
Technical indicators
Technical Analysis and Oscillator Book pdf