ROCP

Rate of change Percentage: (price-prevPrice)/prevPrice

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

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

INTERPRETATION:

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

Related Indicators: MOM, ROC, ROCR, ROCR100.

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