Equity Based Analysis > Technical Analysis > Indicators > Volume Rate of Change (VROC) |
The Volume Rate of Change (VROC) is mathematically identical to Price ROC only it displays the ROC of the security's volume rather than of its closing price.
The Volume ROC shows the speed at which volume is changing. This can be quite informative as almost every significant chart formation (tops, bottoms, breakouts, etc.) is accompanied by a sharp increase in volume.
Calculation:
Type = Percent or Point
Volume-n = The volume n period ago
Inputs:
Period = 12
Indicates time period(the number of days for daily analysis, the number of weeks for weekly analysis, etc.).
Calculation Type = Point
Percent/Point
Indicator Type: Market Strength