[BEARISH]: Boral currently has negative rate of change of -2.857%. This means the current price is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -1.4%.
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: Boral (BLD.AX)
Stock Exchange: ASX
Ticker Codes: | BLD.AX | ASX:BLD |
Boral Limited manufactures and supplies building and construction materials in Australia, the United States, and the Asia Pacific. It offers aggregates, ash, asphalt, blocks, bricks, cement, cement additives and dry mixes, commercial pavers, concrete, decorative concrete, grout, lime, oxides, pavers, plasterboard, plastering DIY bags, retaining walls, and roof tiles; and pool surfacing, quarry, sand quarry and specialized, stabilization, stone, and structural timber products, as well as timber cladding, decking, and flooring products. The company also provides material technical, pallet pick-up, and roof tiling installer services; and engages in the transport and property activities. It serves residential and non-residential construction, and the engineering and infrastructure markets. Boral Limited was founded in 1946 and is headquartered in North Sydney, Australia.
Rate of ChangeDownload
|RRL Regis Resources||4.11||6.5||4,264,650||-1.91||BEARISH|
|KDR Kidman Resources||1.08||5.9||3,197,717||-1.82||BEARISH|
|LYC Lynas Corporation||2.05||5.9||7,004,603||-6.39||BEARISH|
|SAR Saracen Mineral||1.88||5.3||7,044,035||-0.53||BEARISH|
|SYR Syrah Resources||2.33||4.5||4,853,361||-8.27||BEARISH|
|WGX Westgold Resources||1.18||4.4||1,239,121||-15.16||BEARISH|
|RSG Resolute Mining||1.1||4.3||10,327,619||-13.44||BEARISH|