stochastic

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stochastic

[stō′kas·tik]
(mathematics)
Pertaining to random variables.

stochastic

stochastic

By guesswork; by chance; using or containing random values.
References in periodicals archive ?
The primary function for which the Stochastics is used is the identification of overbought and oversold areas.
Next, the stock's oscillating stochastic number indicates BEAS may be positioned to push below recent prices.
In addition, market participants need to consider that INTU's near-term oscillating stochastic chart forecasts that a significant movement down is forthcoming.
Meanwhile, daytraders who follow near-term oscilating stochastic might observe a "short" indication produced in the last few sessions.
Short-term oscillating stochastic readings forecast USAI is primed for a fall below current levels.
Recent stochastic numbers indicate that ZMH is close to a trend beyond recent prices over the short-term.
Technical analysis on the stock's oscillating stochastic number causes our researchers to believe that a trend down.