Coppock Curve

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Coppock Curve

In technical analysis, a system for determining stock market rallies. The system uses a ten-month weighted moving average of the sum of eleven- and fourteen-month rates of change. Buy signals are determined when the curve turns upward after being below zero; analysts disagree as to whether the curve shows sell signals. The curve is thought to be a good way to determine rallies for stock markets, but not for more volatile commodity markets.
References in periodicals archive ?
The Coppock indicator was created by a devout Christian called Edwin Coppock in the early 1960s, after the Episcopalian church turned to him for help (rather than divine intervention) in timing its own stock market punts.
A more anticipatory tool is the Coppock indicator, which has given exceptional results.
If the Coppock indicator had existed at the time, that would have been the approximate percentage loss suffered by its users.
But, when the Coppock indicator starts rising while the numbers are still negative, the buying signal it gives will be correct more than 90 per cent of the time.