Rate of Change (ROC) is a refinement of Momentum - readings fluctuate as percentages around the zero line. The indicator is designed for use in ranging markets - to detect trend weakness and likely reversal points. However when combined with a trend indicator it can be used in trending markets.
Calculation: Rate of Change (ROC):
1) (Closing Price [today] - Closing Price [n days ago]) / Closing Price [n days ago] * 100
PROFILE: Alkane Exploration (ALK.AX)
Stock Exchange: ASX
Company: Alkane Exploration
Ticker Codes: | ALK.AX | ASX:ALK |
Alkane Resources Limited operates as a multi-commodity mining and exploration company in the Central West of New South Wales in eastern Australia. It explores for gold, copper, zirconium, hafnium, niobium, tantalum, yttrium, and rare earth elements. The company owns interest in the Tomingley Gold project and the Dubbo Zirconia project located in New South Wales. Its exploration projects comprise the Bodangora, Kaiser, Finns Crossing, Cudal, Peak Hill, Wellington, Elsienora, Rockley, and Orange East projects. Alkane Resources Limited is headquartered in Burswood, Australia.
Rate of ChangeDownload
|SLR Silver Lake Resources||0.57||9.6||4,014,673||-0.8||BEARISH|
|KDR Kidman Resources||1.17||8.3||6,199,530||-5.16||BEARISH|
|RMS Ramelius Resources||0.5||7.5||3,500,339||-5.26||BEARISH|
|BOC Bougainville Copper||0.17||6.3||61,005||-15.79||BEARISH|
|CNI Centuria Capital||1.39||6.1||207,220||-9.5||BEARISH|
|RND Rand Mining||4.03||6.1||33,780||-3.21||BEARISH|
|GOR Gold Road Resources||0.66||5.6||1,416,917||-0.86||BEARISH|