the trend that tends to persist · Price trend & timing — reading the chart
The stock’s return over the past year, but excluding the most recent month.
Recent one-month moves tend to reverse (that’s short-term noise), while the 2–12 month trend tends to keep going. It’s one of the few factors this app validated with its own walk-forward testing before trusting it in the score.
12-1 momentum = (price 1 month ago ÷ price 12 months ago) − 1