ROC

Rate of change : ((price/prevPrice)-1)*100

ROC measures the rate of change in price over a given time span.

There is only minor difference between ROC and ROCP, ROC = 100 * ROCP.

INTERPRETATION:

ROC is very similar to MOM and it can be interpreted in the same way MOM is interpreted.

Related Indicators: MOM, ROCP, ROCR, ROCR100.