Technical_Analysis_page_463

Technical | Analysis page 463 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

434 Part V Trend Confirmation Rate of Change (ROC) Rate of change (ROC) is likely the simplest oscillator. It is a measure of the amount a stock’s price has changed over a given number (N) of past periods. The formula for calculating ROC is as follows: ROC = {Ptoday -Px periods ago) /Px periods…