震荡指标的表现形式就是这个指标值在设定的水平值之间或围绕一个中心线的上下波动的指标。震荡指标能够长期保持在一个极端水平上(超卖或超买)，但是它们不会保持趋势而方向不变。它是一种“先行指标”，比如，RSI指标、抛物转向指标和随机指标等。这些指标都可能发出潜在的反转信号，而这有可能预示着之前趋势的终结以及价格运行方向的改变。
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