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Technical Analysis at Oz

Technical Analysis at Oz

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Published by: Roshith Mele Areekkal on May 18, 2013
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01/15/2014

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Overview

The Volume Rate-of-Change ("ROC") is calculated identically to the Price ROC,
except it displays the ROC of the security's volume, rather than of its closing
price.

Interpretation

Almost every significant chart formation (e.g., tops, bottoms, breakouts, etc) is
accompanied by a sharp increase in volume. The Volume ROC shows the speed
at which volume is changing.

Additional information on the interpretation of volume trends can be found in the
discussions on Volume and on the Volume Oscillator.

Example

The following chart shows Texas Instruments and its 12-day Volume ROC.

When prices broke out of the triangular pattern, they were accompanied by a
sharp increase in volume. The increase in volume confirmed the validity of the
price breakout.

Calculation

The Volume Rate-Of-Change indicator is calculated by dividing the amount that
volume has changed over the last n-periods by the volume n-periods ago. The
result is the percentage that the volume has changed in the last n-periods.

If the volume is higher today than n-periods ago, the ROC will be a positive
number. If the volume is lower today than n-periods ago, the ROC will be a
negative number.

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Copyright 2000 Equis International.

Technical Analysis from A to Z

http://www.equis.com/free/taaz/volrateochange.html [5/11/2001 3:22:55 am]

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Contents

Preface
Acknowledgments
Terminology
To Learn More
Introduction

q Technical Analysis

q Price fields

q Charts

q Support & resistance

q Trends

q Moving averages

q Indicators

q Market indicators

q Line studies

q Periodicity

q The time element

q Conclusion

q Order the Book

q Learn more about
Technical Analysis

Reference
Absolute Breadth Index
Accumulation/Distribution
Accumulation Swing Index
Advance/Decline Line
Advance/Decline Ratio
Advancing-Declining Issues
Advancing, Declining,
Unchanged Volume
Andrews' Pitchfork
Arms Index
Average True Range
Bollinger Bands
Breadth Thrust
Bull/Bear Ratio
Candlesticks, Japanese
CANSLIM
Chaikin Oscillator
Commodity Channel Index
Commodity Selection Index
Correlation Analysis
Cumulative Volume Index
Cycles
Demand Index
Detrended Price Oscillator
Directional Movement
Dow Theory
Ease of Movement
Efficient Market Theory
Elliott Wave Theory
Envelopes (trading bands)
Equivolume
Fibonacci Studies
Four Percent Model
Fourier Transform
Fundamental Analysis
Gann Angles
Herrick Payoff Index
Interest Rates
Kagi
Large Block Ratio
Linear Regression Lines
MACD
Mass Index
McClellan Oscillator
McClellan Summation Index
Median Price
Member Short Ratio
Momentum
Money Flow Index
Moving Averages
Negative Volume Index
New Highs-Lows
Cumulative
New Highs-New Lows
New Highs/Lows Ratio
Odd Lot Balance Index
Odd Lot Purchases/Sales
Odd Lot Short Ratio
On Balance Volume
Open Interest
Open-10 TRIN
Option Analysis
Overbought/Oversold
Parabolic SAR
Patterns
Percent Retracement
Performance
Point & Figure
Positive Volume Index
Price and Volume Trend
Price Oscillator
Price Rate-of-Change
Public Short Ratio
Puts/Calls Ratio
Quadrant Lines
Relative Strength,
Comparative
Relative Strength Index
Renko
Speed Resistance Lines
Spreads
Standard Deviation
STIX
Stochastic Oscillator
Swing Index
Three Line Break
Time Series Forecast
Tirone Levels
Total Short Ratio
Trade Volume Index
Trendlines
TRIX
Typical Price
Ultimate Oscillator
Upside/Downside Ratio
Upside-Downside Volume
Vertical Horizontal Filter
Volatility, Chaikin's
Volume
Volume Oscillator
Volume Rate-of-Change
Weighted Close
Williams'
Accumulation/Distribution
Williams' %R
Zig Zag
Bibliography
About the Author

MetaStock Family Products Customer Corner Partners

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TAAZ Book

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