Aurizon Holdings (AZJ)

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Aurizon Holdings (AZJ): Signals

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Summary

[BULLISH CROSSOVER]: Aurizon Holdings currently has positive rate of change of 1.865%. This means the current price is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.5%.



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

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Rate of Change

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