Coppock Buy Signal (CBS)
Submitted by Van Beek on January 7, 2011 - 11:22
The Coppock Buy Signal (also “Coppock Curve” or “Coppock Indicator”) is an indicator for long-term stock market investors created by E.S.C. Coppock, first published in Barron's Magazine in October 15, 1962.
The indicator is designed for use on a monthly time scale. It's the sum of a 14-month rate of change and 11-month rate of change, smoothed by a 10-period weighted moving average.
Coppock provides only a “Buy” signal and no “Sell” signal.
You can expect the Coppock Buy Signal (CBS), like the MATI, to provide earlier “Buy” signals than the other Moving Averages Signals, especially after a major and longer down-turn. The CBS does not always give a “Buy” signal after shorter and less deep down-turns.
See here the latest Coppock Buy Signal for the S&P 500.
