Coppock Indicator - A technical analysis indicator named after Edwin Coppock, an economist who was asked by the American Episcopalian Church to identify cheap buying opportunities for long term investors.Coppock thought setbacks in the stock market were like bereavements and required a period of mourning before normal spirits revived.So he asked the bishops how long it took people to get over the death of a loved one. The answer was between 11 and 14 months.From this Coppock developed a series of calculations designed to signal when stock market mourning could be said to be over. The indicator"s signal does not emerge at the bottom, but comes as a rally is established. In recent times, the Coppock indicator signalled rallies in 1988 and 1994 and investors who acted on the indicator made a lot of money.
Coppock Indicator : a technical analysis indicator named after edwin coppock, an economist who was asked by the american episcopalian church to identify cheap buying opportunities for long term investors.coppock thought setbacks in the stock market were like bereavements and required a period of mourning before normal spirits revived.so he asked the bishops how long it took people to get over the death of a loved one. the answer was between 11 and 14 months.from this coppock developed a series of calculations designed to signal when stock market mourning could be said to be over. the indicator"s signal does not emerge at the bottom, but comes as a rally is established. in recent times, the coppock indicator signalled rallies in 1988 and 1994 and investors who acted on the indicator made a lot of money.
Coppock Indicator