What is Coppock curve?

Coppock Curve is a momentum indicator developed by Edwin Sedge Coppock in 1962 for identifying long-term buying opportunities in a stock or equity market index. The indicator is designed to spot major downturns and upturns in security, which present long-term buying opportunities or signal a time to get out of the market, as the case may be.

What is the Coppock indicator?

The Coppock Indicator was developed by Edwin Coppock, a US investment advisor. It is a momentum oscillator that was designed for long term investors to begin accumulation at the beginning of a bull market. The Coppock Indicator signals the beginning of a bull market when it crosses above the zero line.

What size price bars does Coppock use?

Coppock preferred monthly price bars, but traders can use any size price bars, including 1-minute, hourly, daily, and so on. Coppock came up with 11 and 14 periods for the ROC part of the calculation after being told by Episcopal bishops that the average person's mourning period is 11 to 14 months.

What is a Coppock buy signal?

Mike Scott has determined that the weekly Coppock used in conjunction with Investor's Business Daily Market Direction calls that a Coppock buy signal that occurs within plus or minus 2 weeks of an IBD Follow-Through Day correctly identifies successfully rallies 79% of the time in bull markets and 45% of the time in bear markets.