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: NRW (NWH.AX)
Stock Exchange: ASX
Ticker Codes: | NWH.AX | ASX:NWH |
NRW Holdings Limited, through its subsidiaries, provides civil and mining contracting services to resource and infrastructure sectors in Australia. It operates through three business divisions: NRW Civil & Mining, Action Drill & Blast (ADB), and AES Equipment Solutions (AES). The NRW Civil & Mining division delivers private and public civil infrastructure projects, mine development and contract mining, waste stripping, and ore haulage. This division's civil construction projects include bulk earthworks, rail formation, concrete installation, and construction of roads; and mining projects comprise work in iron ore, coal, and gold. The ADB division provides contract drill and blast services to mining sector, including iron ore, gold, coal, and lithium mines; and civil projects throughout Australia. The AES division offers maintenance services to the mining and resources sectors comprising the fabrication of water and service trucks. The company also sells plants and tires. NRW Holdings Limited was founded in 1994 and is headquartered in Belmont, Australia.
Rate of ChangeDownload
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|PRT Prime Television||0.24||4.4||3,836,921||9.3||BULLISH|
|CCV Cash Converters International||0.26||4||41,882||8.33||BULLISH|
|MNS Milnes Holdings||0.35||3||608,253||23.21||BULLISH|
|SDA Speedcast International||3.05||3||1,391,832||10.91||BULLISH|
|PPC Peet & Company||1.06||2.9||131,457||9.85||BULLISH|
|MNF My Net Fone||4.22||2.9||934,291||11.94||BULLISH|