ROCR

Rate of change ratio: (price/prevPrice)

ROCR measures the ratio of current price and price of given number of days ago.

There is only minor difference between ROCR and ROCR100, ROCR100 = 100 * ROCR.

INTERPRETATION:

ROCR100 is very similar to MOM and it can be interpreted in the same way MOM is interpreted.

Related Indicators: MOM, ROC, ROCP, ROCR100.