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This page contains the formula for Aroon Oscillator and you can download the formula in Excel spreadsheet.

Aroon Oscillator

Aroon indicator was developed by Tushar Chande in 1995, it was used to determine if a stock is trending and how strong is the trend.

There are two lines in Aroon indicator, Aroon-Up and Aroon-Down. Aroon-Up measures the strength of the uptrend and Aroon-Down measures the downtrend. Both Aroon-Up and Aroon-Down fluctuate between zero and 100, which zero indicating a weak trend and values close to 100 indicating a strong trend.

Aroon Oscillator is constructed by subtracting Aroon-Up from Aroon-Down, and it will oscillate between +100 and -100 with zero as the centre crossover line

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