JNJ ROC Explained: Why 12 Periods Need 13 Closes
Summary
Hollow Point Trading shares a short lesson on calculating Johnson & Johnson’s 12-period rate of change: the current close plus the close 12 bars earlier requires 13 closing observations. The example uses completed five-minute IEX bars from October 8, 2026, with a highlighted close of $254.72.
https://youtu.be/TISW0dRmxAQ
JNJ ROC: twelve intervals need thirteen closes #Shorts
A twelve period rate of change needs a current close and a close twelve bars earlier. That is thirteen closing observations, not twelve. This historical Johnson and Johnson IEX replay uses completed five minute bars from October eighth, twenty twenty six. The highlighted close is two fifty four point seven two. Twelve bars earlier, the close was...
