Alcoa Momentum Indicators ADX

    Alcoa Corporation -- USA Stock  

    USD 42.24  0.84  2.03%

    Alcoa momentum-indicators tool provides you with the Momentum Indicators execution environment for running ADX indicator against Alcoa. Momentum indicators of Alcoa are pattern recognition functions that provide distinct formation on Alcoa potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.
    Investment Horizon     30 Days    Login   to change
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    The output start index for this execution was fifteen with a total number of output elements of two. The average directional index (ADX) measures the strength of a prevailing trend of Alcoa and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Alcoa ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator View also all equity analysis or get more info about adx momentum indicators indicator.

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