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: Donaco International (DNA.AX)
Stock Exchange: ASX
Company: Donaco International
Ticker Codes: | DNA.AX | ASX:DNA |
Donaco International Limited engages in the leisure and hospitality businesses in the Asia Pacific region. It operates Star Vegas Resort & Club, a casino and hotel complex comprising approximately 100 gaming tables, 1500 slot machines, and 385 hotel rooms in Poipet, Cambodia on the border with Thailand; and Aristo International Hotel, a boutique casino comprising 400 hotel rooms in northern Vietnam, on the border with Yunnan Province, China. The company was founded in 2002 and is based in Sydney, Australia.
Rate of ChangeDownload
|AJX Alexium International||0.13||8.7||366,831||-11.11||BEARISH|
|AKP Audio Pixels Holdings||12.51||5.9||24,831||-3.7||BEARISH|
|BAL Bellamys Australia||8.49||4.7||1,811,268||-18.78||BEARISH|
|FIG Freedom Insurance||0.09||4.6||311,520||-33.33||BEARISH|