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: Mg Unit Trust (MGC.AX)
Stock Exchange: ASX
Company: Mg Unit Trust
Ticker Codes: | MGC.AX | ASX:MGC |
MG Unit Trust operates as a special purpose funding vehicle in Australia. It holds interest in subordinated notes and convertible preference shares issued by Murray Goulburn Co-operative Co. Limited. The company was founded in 2015 and is based in Southbank, Australia. MG Unit Trust is a subsidiary of Murray Goulburn Co-Operative Co. Limited.
Rate of ChangeDownload
|TZN Terramin Australia||0.09||9.8||14,570||10.56||BULLISH|
|MVP Medical Developments||3.91||7.4||111,742||4.26||BULLISH|
|FDV Frontier Digital Ventures||0.51||6.3||308,940||0.64||BULLISH|
|ONE Oneview Healthcare||0.48||5.6||567||9.83||BULLISH|
|AJX Alexium International||0.12||4.5||187,044||4.55||BULLISH|
|CNI Centuria Capital||1.41||4.1||235,309||3.54||BULLISH|