Coppock curve

Coppock curve,

Definition of Coppock curve:

  1. The Coppock formula was introduced in Barron's in 1962 by Edwin Coppock.

  2. The Coppock Curve is a long-term price momentum indicator used primarily to recognize major downturns and upturns in a stock market index. It is calculated as a 10-month weighted moving average of the sum of the 14-month rate of change and the 11-month rate of change for the index. It is also known as the "Coppock Guide.".

  3. An obscure but simple technical oscillator developed by Edwin Coppock that utilizes historical stock data to indicate a positive change in the direction of stock prices. If the addition of the 14 month moving average of an index to an 11 month moving average of the same index produces a positive curve below a resulting 10 month weighted moving average it is an indication that a market bottom has occurred. Also called the Coppock Guide.

How to use Coppock curve in a sentence?

  1. The indicator is designed for use on a monthly candlestick chart, where each candle is one month.
  2. The Coppock Curve is a technical indicator that provides long-term buy and sell signals for major stock indexes and related ETFs based on shifts in momentum.
  3. A reading above zero on the indicator signals a buy, while a drop below zero is a sell signal.

Meaning of Coppock curve & Coppock curve Definition