Navigation Bar (Jump to Menu)

Volume 16 – Coppock Curves

The Market Technicians Association gave Edwin Sedgewick Coppock its annual award for a lifetime of achievement in technical analysis in 1989. He published the formula for the Coppock Curve (or Coppock Guide) in Barron’s in 1962. He applied a front-weighted smoothing to an average of two momentums to produce an oscillator that was designed to identify significant bottoms in the stock market. It has proven to be remarkably resistant to whipsaws.

Interpreting Coppock Curves

Dow Jones Industrials Dow Jones Transports Dow Jones Utilities Standard & Poor's 500 Moody's Aaa Bond Yield Copper (in US$) Silver (in US$) Gold (in US$) British Pound (in US$) German Mark (in US$) Japanese ¥en (in US$) Swiss Franc (in US$)

The upper line depicts the gold price, while the lower line depicts the Coppock Curve of gold based on monthly average prices. This is a 4kb GIF thumbnail! It would take over sixty full SVGA screens to show the detail on one Topline chart. The real charts look much better than these thumbnails.

Other examples of Coppock Curves can be seen at:

Volume 23 – World CPIs

Volume 24 – Commodities (Grains & Softs)

Volume 25 – Commodities (Metals)

High Resolution, Adobe Acrobat PDF file (75kb)
This file is a 600 dot per inch rendering of the March 1997 V16a chart. The actual charts have the edition and chart number printed in the margin (between the holes for the three ring binder).

Hint: Some browsers will download the file automatically when you click the link. Some browsers will open the file.  MS Internet Explorer users: If you right-click the file name, you will get a choice to view or download the file. Netscape users: If you hold down the left shift key as you click the link, it will download it rather than open it.  You will need an Adobe Acrobat Reader, it's a free download from Adobe.

Having Trouble?

Don't have an Adobe Acrobat Reader?

What's an Acrobat file?

The charts in this volume are all based on monthly average values, and all begin in 1960. These are all two panel, portrait charts. Both panels are drawn on logarithmic scales. The upper (larger) panel shows the item being studied, and the lower (smaller) panel shows its Coppock Curve. The notes describe the method of calculation in detail.

Send mail to toplinewm at topline-charts.com with questions or comments about this web site.
Last modified: April 06, 2005