[BULLISH]: Rxp Services currently has positive rate of change of 2.062%. This means the current price is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -2%.
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
Rate of ChangeDownload
|Company||Close||Close Change (%)||Volume||Value||Signal|
|ARA Ariadne Australia||0.71||7.6||441,553||3.65||BULLISH|
|BFC Beston Global Food||0.2||5.4||194,111||8.33||BULLISH|
|MGC Mg Unit Trust||0.33||4.8||615,817||37.5||BULLISH|
|PLS Pilbara Minerals||1.03||4.6||4,571,651||19.08||BULLISH|
|GDF Garda Diversified Property Fund||1.3||4||137,261||9.24||BULLISH|
|TWE Treasury Wine Estates||18.62||3.6||1,613,130||8.76||BULLISH|
|CGL The Citadel||7.09||3.5||48,790||7.92||BULLISH|
|PNI Pinnacle Investment Management||5.69||2.9||161,532||1.07||BULLISH|