George Lane (1921 – July 7, 2004) was a securities trader, author, educator, speaker and technical analyst.
[1][2][3] Lane was also President of Investment Educators Inc. in Watseka, Illinois, where he taught investors and financial professionals basic and advanced technical analysis methods.
[4] Later, George Lane joined the research group at Investment Educators, the firm he would eventually own.
[4] A March 2007 article quoted George Lane's description of his famous indicator: "Stochastics measures the momentum of price.
"[6] As prices move down, the close of the day has a tendency to crowd the lower portion of the daily range.