|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Terramin Australia (TZN.AX)
RATE OF CHANGE
Trading: HOLD @ $0.092
Signal Strength: MEDIUM
Terramin Australia (ASX:TZN) currently has positive rate of change of 8.235%. This means the current price is greater than the price 14 days ago and therefore gaining momentum.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement
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: Terramin Australia (TZN.AX)
Stock Exchange: ASX
Company: Terramin Australia
Ticker Codes: | TZN.AX | ASX:TZN |
Terramin Australia Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of base and precious metals, and other economic mineral deposits in Australia and internationally. The company primarily explores for zinc, lead, gold, copper, and rare earth elements. Its flagship project is the Tala Hamza zinc project located on the Mediterranean coast in Algeria. The company was incorporated in 1993 and is based in Fullarton, Australia.
|TNG Tennant Creek Gold||0.12||4.3||341,928||9.09||BULLISH|
|DDR Dicker Data||5.16||4||280,998||20||BULLISH|
|RMS Ramelius Resources||0.86||3.6||2,311,783||10.97||BULLISH|
|BLX Beacon Lighting||1.2||3.4||140,762||20||BULLISH|
|CCV Cash Converters International||0.17||3||378,531||13.33||BULLISH|