[BULLISH]: Innergex Renewable Energy currently has positive rate of change of 0.8%. This means the current price is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 0.4%.
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|
|ECA Encana Corp||17.43||2.7||2,648,226||3.9||BULLISH|
|SII Sprott Inc||3.13||2.3||117,716||1.88||BULLISH|
|CGX Cineplex Inc||31.01||2||178,672||11.48||BULLISH|
|IGM Igm Financial Inc||39.41||1.9||172,744||2.8||BULLISH|
|IAG Industrial Alliance||51.48||1.8||136,283||4.27||BULLISH|
|TMR Tmac Resources Inc||6.62||1.8||29,292||7.13||BULLISH|
|KEL Kelt Exploration||9.17||1.8||853,083||19.17||BULLISH|
|LUG Lundin Gold Inc||4.98||1.6||17,450||12.11||BULLISH|
|CFP Canfor Corp||31.84||1.6||212,910||3.75||BULLISH|
|MX Methanex Corp||95.12||1.4||183,481||2.36||BULLISH|