Flash Finance
Home›Strategy Library›Rate-of-Change Momentum

Rate-of-Change Momentum

Buy what is already moving, but only inside a long-term uptrend.

Momentum Data as of 2026-09-18 close
1 · Rules

▶ Entry

12-day ROC crosses above +5% while close is above the 200-day SMA.

Screener form: roc12 > 5 AND close > sma200 — ROC (12) > 5 and Close > SMA 200.

■ Exit

12-day ROC turns negative.

Signals are read on the close; the backtest fills at the next session's open.

2 · Stocks triggering the entry today (223)
Stock Sector Close Chg Score RSI (14)ADX (14)Relative volume (RVOL)
AEGISVOPAKAegis Vopak Terminals Limited — ₹314.95 +1.37% 96 69.73 26.60 1.62×
NEOGENNeogen Chemicals Limited Chemicals ₹2,488 +3.87% 94 69.81 28.61 1.94×
KAMDHENUKamdhenu Limited Metal ₹41.05 +3.92% 94 72.39 21.57 1.20×
CONFIPETConfidence Petroleum India Limited — ₹91.95 +5.98% 94 66.40 34.17 1.27×
AUROPHARMAAurobindo Pharma Limited Pharma ₹1,734 +2.60% 94 63.54 21.65 1.64×
GPTHEALTHGPT Healthcare Limited Healthcare ₹166.21 +1.59% 93 66.45 28.44 3.05×
GCSLGretex Corporate Services Limited Financial Services ₹618.55 +4.07% 93 69.27 21.37 0.90×
ABDLAllied Blenders and Distillers Limited FMCG ₹647.60 -0.84% 91 61.51 16.03 1.14×
TBZTribhovandas Bhimji Zaveri Limited Consumer Durables ₹603.55 +4.99% 90 82.35 52.04 0.34×
SWANDEFSwan Defence and Heavy Industries Limited — ₹2,746 +0.94% 90 68.96 15.48 1.15×
SANSERASansera Engineering Limited Auto ₹4,260 +6.03% 90 65.40 29.59 1.71×
MAXESTATESMax Estates Limited Infrastructure ₹594.00 +2.84% 90 76.25 39.03 0.66×
BODALCHEMBodal Chemicals Limited Chemicals ₹191.23 +5.00% 90 82.37 62.48 0.33×
STLNETWORKSTL Networks Limited — ₹42.95 +4.99% 89 90.32 46.39 0.29×
NRLNupur Recyclers Limited — ₹143.67 +4.77% 89 76.70 49.18 2.30×
BHAGYANGRBhagyanagar India Limited Energy ₹446.70 +0.04% 89 66.32 16.09 2.00×
ACEAction Construction Equipment Limited — ₹1,229 +1.96% 89 70.21 24.13 2.98×
VALIANTORGValiant Organics Limited Chemicals ₹426.65 +4.46% 88 81.74 33.83 2.71×
SHREEJISPGShreeji Shipping Global Limited Infrastructure ₹708.05 +2.47% 88 64.19 26.47 0.71×
GMMPFAUDLRGMM Pfaudler Limited — ₹1,467 +7.60% 88 88.56 65.97 2.73×
FILATEXFilatex India Limited — ₹93.83 +3.85% 88 68.33 26.66 1.33×
SPLPETROSupreme Petrochem Limited Oil & Gas ₹865.70 +7.27% 87 71.95 30.20 3.70×
PVRINOXPVR INOX Limited Media ₹1,325 +4.09% 87 65.58 33.01 1.40×
PFOCUSPrime Focus Limited Media ₹344.35 +2.81% 87 74.01 34.50 3.75×
NOCILNOCIL Limited Chemicals ₹194.56 +4.40% 87 68.22 34.99 1.17×
ADANIPORTSAdani Ports and Special Economic Zone Limited — ₹1,824 +4.93% 87 64.29 18.94 1.77×
ACMESOLARAcme Solar Holdings Limited Infrastructure ₹435.25 +5.82% 87 66.98 26.90 6.06×
TALBROAUTOTalbros Automotive Components Limited Auto ₹476.70 +9.54% 86 74.86 21.29 8.45×
SESHAPAPERSeshasayee Paper and Boards Limited — ₹249.77 +0.79% 86 64.67 47.60 0.46×
GOCLCORPGOCL Corporation Limited Chemicals ₹446.10 -2.20% 86 61.59 25.33 1.16×
WSTCSTPAPRWest Coast Paper Mills Limited — ₹768.30 +7.24% 85 77.84 58.45 1.97×
VISHNUVishnu Chemicals Limited Chemicals ₹722.15 +1.84% 85 65.05 44.87 0.48×
PAYTMOne 97 Communications Limited — ₹1,850 +4.93% 85 67.28 42.40 1.03×
NRBBEARINGNRB Bearing Limited — ₹525.50 +11.29% 85 64.09 28.02 26.09×
KOPRANKopran Limited Pharma ₹277.60 +3.35% 85 81.48 40.11 1.15×
IBULLSLTDIndiabulls Limited — ₹30.39 +2.50% 85 69.37 16.43 2.08×
GRAPHITEGraphite India Limited Metal ₹830.85 +2.06% 85 65.73 33.00 0.61×
ACUTAASAcutaas Chemicals Limited Pharma ₹3,440 +3.78% 85 58.42 14.49 1.90×
AAREYDRUGSAarey Drugs & Pharmaceuticals Limited Pharma ₹102.13 +0.40% 85 70.69 27.95 1.21×
RBLBANKRBL Bank Limited Bank ₹415.90 +2.91% 84 65.35 21.95 1.11×
PAISALOPaisalo Digital Limited Financial Services ₹89.51 +0.88% 84 83.58 37.39 1.77×
MAHSEAMLESMaharashtra Seamless Limited Metal ₹717.55 -0.37% 84 65.22 48.96 0.36×
LOTUSDEVSri Lotus Developers and Realty Limited Realty ₹215.13 +0.82% 84 72.02 33.72 0.33×
KROSSKross Limited Auto ₹239.19 -1.18% 84 65.07 30.91 1.38×
JYOTICNCJyoti CNC Automation Limited — ₹1,050 +7.02% 84 64.45 28.51 4.14×
AVLAditya Vision Limited — ₹636.95 +0.58% 84 62.09 11.97 0.61×
TATVATatva Chintan Pharma Chem Limited Chemicals ₹1,770 +3.54% 83 62.78 19.50 1.74×
SAMBHVSambhv Steel Tubes Limited Metal ₹147.57 +14.32% 83 72.07 37.03 16.58×
NPSTNetwork People Services Technologies Limited IT ₹1,828 -1.42% 83 64.19 27.35 0.63×
DYNAMATECHDynamatic Technologies Limited — ₹12,061 +2.05% 83 60.94 40.06 0.77×

👀 Setting up (223)

Close to the entry: roc12 > 5 AND close > sma200
Stock Sector Close Chg Score RSI (14)ADX (14)Relative volume (RVOL)
AEGISVOPAKAegis Vopak Terminals Limited — ₹314.95 +1.37% 96 69.73 26.60 1.62×
NEOGENNeogen Chemicals Limited Chemicals ₹2,488 +3.87% 94 69.81 28.61 1.94×
KAMDHENUKamdhenu Limited Metal ₹41.05 +3.92% 94 72.39 21.57 1.20×
CONFIPETConfidence Petroleum India Limited — ₹91.95 +5.98% 94 66.40 34.17 1.27×
AUROPHARMAAurobindo Pharma Limited Pharma ₹1,734 +2.60% 94 63.54 21.65 1.64×
GPTHEALTHGPT Healthcare Limited Healthcare ₹166.21 +1.59% 93 66.45 28.44 3.05×
GCSLGretex Corporate Services Limited Financial Services ₹618.55 +4.07% 93 69.27 21.37 0.90×
ABDLAllied Blenders and Distillers Limited FMCG ₹647.60 -0.84% 91 61.51 16.03 1.14×
TBZTribhovandas Bhimji Zaveri Limited Consumer Durables ₹603.55 +4.99% 90 82.35 52.04 0.34×
SWANDEFSwan Defence and Heavy Industries Limited — ₹2,746 +0.94% 90 68.96 15.48 1.15×
SANSERASansera Engineering Limited Auto ₹4,260 +6.03% 90 65.40 29.59 1.71×
MAXESTATESMax Estates Limited Infrastructure ₹594.00 +2.84% 90 76.25 39.03 0.66×
BODALCHEMBodal Chemicals Limited Chemicals ₹191.23 +5.00% 90 82.37 62.48 0.33×
STLNETWORKSTL Networks Limited — ₹42.95 +4.99% 89 90.32 46.39 0.29×
NRLNupur Recyclers Limited — ₹143.67 +4.77% 89 76.70 49.18 2.30×
BHAGYANGRBhagyanagar India Limited Energy ₹446.70 +0.04% 89 66.32 16.09 2.00×
ACEAction Construction Equipment Limited — ₹1,229 +1.96% 89 70.21 24.13 2.98×
VALIANTORGValiant Organics Limited Chemicals ₹426.65 +4.46% 88 81.74 33.83 2.71×
SHREEJISPGShreeji Shipping Global Limited Infrastructure ₹708.05 +2.47% 88 64.19 26.47 0.71×
GMMPFAUDLRGMM Pfaudler Limited — ₹1,467 +7.60% 88 88.56 65.97 2.73×
FILATEXFilatex India Limited — ₹93.83 +3.85% 88 68.33 26.66 1.33×
SPLPETROSupreme Petrochem Limited Oil & Gas ₹865.70 +7.27% 87 71.95 30.20 3.70×
PVRINOXPVR INOX Limited Media ₹1,325 +4.09% 87 65.58 33.01 1.40×
PFOCUSPrime Focus Limited Media ₹344.35 +2.81% 87 74.01 34.50 3.75×
NOCILNOCIL Limited Chemicals ₹194.56 +4.40% 87 68.22 34.99 1.17×
ADANIPORTSAdani Ports and Special Economic Zone Limited — ₹1,824 +4.93% 87 64.29 18.94 1.77×
ACMESOLARAcme Solar Holdings Limited Infrastructure ₹435.25 +5.82% 87 66.98 26.90 6.06×
TALBROAUTOTalbros Automotive Components Limited Auto ₹476.70 +9.54% 86 74.86 21.29 8.45×
SESHAPAPERSeshasayee Paper and Boards Limited — ₹249.77 +0.79% 86 64.67 47.60 0.46×
GOCLCORPGOCL Corporation Limited Chemicals ₹446.10 -2.20% 86 61.59 25.33 1.16×
3 · Backtest — Nifty 50 stocks since 2014
3,064
Trades
39.6%
Win rate
+0.74%
Average trade
1.34
Profit factor
14.3d
Avg holding
+1.5%
Median CAGR / stock
Buy & hold +15.8%
-38.9%
Median max drawdown
Buy & hold -53.7%
30.2%
Time in market
4.1%
Stocks where it beat B&H

🛡️ Robustness — ROC threshold %

The published rule uses 5. If the edge vanishes one step either side, it was probably fitted to history.

ROC threshold %TradesWinAvg tradePFMedian CAGR
3395439.1%+0.72%1.36+2.9%
5306439.6%+0.74%1.34+1.5%
8197940.5%+0.79%1.34+0.7%

Robust The average trade is positive at every tested setting. Profitable average trade in 61.5% of years with 5+ trades.

📅 By year (walk-forward view)

YearTradesWinAvg trade
201426948.0%+2.49%
201521733.6%-0.62%
201620736.7%+0.40%
201724537.1%+0.93%
201823642.4%+0.91%
201922837.7%-0.78%
202021647.2%+3.38%
202131144.7%+1.95%
202225736.2%-0.09%
202322340.8%+0.66%
202431238.5%+0.62%
202520130.8%-0.99%
202614235.2%-0.48%
Most recent trades in the test
StockEntryExitReturn
ADANIPORTS2026-09-102026-09-18 (open)+2.27%
COALINDIA2026-09-102026-09-18 (open)-5.52%
KOTAKBANK2026-08-272026-09-15+0.94%
BAJAJ-AUTO2026-09-022026-09-10-3.80%
JSWSTEEL2026-08-312026-09-10-1.92%
AXISBANK2026-09-012026-09-09-3.25%
ETERNAL2026-07-292026-09-08+3.31%
TITAN2026-06-172026-09-02+14.39%
ADANIENT2026-08-282026-09-01-8.39%
LT2026-08-042026-08-27+1.07%
GRASIM2026-08-042026-08-26+2.03%
SHRIRAMFIN2026-08-042026-08-25+3.30%
HINDALCO2026-08-052026-08-24+1.69%
SBIN2026-08-102026-08-24-5.61%
BAJAJ-AUTO2026-07-142026-08-20+14.34%
4 · Risk

Momentum crashes — the whole basket can reverse together in a sharp market turn.

Test assumptions: long only, one position per stock, next-open fills, 0.2% round-trip cost, split-adjusted prices without dividends, current Nifty 50 members (survivorship bias). Past results do not predict future returns.

5 · Test it on any stock

Open the AI Backtester with these rules pre-filled, pick a stock and a date range, and add your own stop-loss or target.

Buy when the 12-day rate of change is above 5 and close is above the 200-day SMA. Sell when the 12-day rate of change falls below 0.
🧪 Backtest on any stock Open the entry in the screener
🔗 Other momentum strategies
RSI Momentum (crosses 60)Relative-Strength Leaders

⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.

⚠️ AI Disclaimer: This website is entirely managed by AI Agents and may contain errors or inaccuracies. Always verify information from multiple sources before making any financial or investment decisions.