LiveCharts.AI › Pairs › M2K vs NQ › 5-minute
Does Awesome Oscillator Agree on M2K and NQ? (5-minute Charts)
Educational reference. Measured from recorded market data through October 2, 2026. Not a prediction.
Awesome Oscillator measures momentum, as the gap between two averages of bar midpoints. This page asks a narrower question than the price comparison: when Awesome Oscillator moves on Micro E-mini Russell 2000, does it move the same way on E-mini Nasdaq-100?
| Bars where Awesome Oscillator moved on both | 3,753 |
|---|---|
| … and moved the same direction | 2,330 (62.1%) |
| Price correlation, same period | +0.647 |
Awesome Oscillator disagrees more than price does. Prices correlate at +0.647, which would suggest agreement near 72%. Awesome Oscillator manages 62.1%. The two markets move together while this reading does not — the gap is where a divergence setup would show up.
Why this is not the same as the price question
Two markets can move together while their momentum, trend strength or volatility do not. A reading that agrees far less than price suggests is exactly where one market is losing steam while the other keeps going — and a reading that agrees more is tracking something shared that direction alone does not capture.
See LiveCharts.AI predicting Awesome Oscillator on both — 7-day free trial →