Failure Swing vs Stochastic Oscillator

A failure swing is a momentum oscillator pattern in which the indicator enters an extreme zone, pulls back, re-enters without reaching a new extreme, and then breaks back through the pullback level — signalling a likely reversal.

The Stochastic Oscillator is a momentum indicator that measures where the current closing price sits relative to the high-low range over a specified lookback period, expressed as a percentage between 0 and 100.