ASX 200 Fin-X-Prop
[BULLISH]: ASX 200 Fin-X-Prop currently has positive rate of change of 1.275%. This means the current price is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.9%.
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|
|RVA Reva Medical||0.27||8||109,375||22.73||BULLISH|
|BRN Brainchip Holdings||0.15||7.4||391,474||16||BULLISH|
|OSP Osprey Medical||0.2||5.4||224,750||34.48||BULLISH|
|AJX Alexium International||0.16||3.3||183,038||24||BULLISH|
|MXI Maxitra Industries||0.57||2.7||86,849||8.65||BULLISH|