The Coppock Curve is a momentum-based indicator used to identify long-term buying opportunities in the stock market. It was developed by economist Edwin Coppock in the 1960s and is based on the idea that market momentum tends to turn upward following extended periods of decline. Traders use the Coppock indicator to identify potential buying opportunities when the curve crosses above zero after an extended period of decline. This crossover is seen as a signal that the market has bottomed out and is poised for a new uptrend. Conversely, when the indicator crosses below zero after an extended period of advance, it is seen as a potential signal that the market has peaked and is poised for a new downtrend.
