ROCR100

Rate of change ratio 100 scale: (price/prevPrice)*100

ROCR100 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, ROCR.

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