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Price Rate of Change - ROC
What does it mean?
An inverse indicator of security price movements used to determine whether a stock has been overbought or oversold.
In Other Words...
Used mainly as a short-term investment tool, the price ROC is calculated as:
(Closing Price Today - Closing Price "n" Periods Ago)/ Closing Price "n" Periods Ago
Related Links
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Related Terms
Close | Overbought | Oversold | Technical Analysis
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