PowerShares Multi-Factor Momentum Indicators Average Directional Movement Index Overview

GMFL -- USA Etf  

USD 25.36  0.0241  0.09%

PowerShares Multi-Factor momentum-indicators tool provides you with the Momentum Indicators execution environment for running Average Directional Movement Index indicator against PowerShares Multi-Factor. Momentum indicators of PowerShares Multi-Factor are pattern recognition functions that provide distinct formation on PowerShares Multi-Factor 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.
Horizon     30 Days    Login   to change
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The output start index for this execution was twenty-three with a total number of output elements of sixteen. The average directional index (ADX) measures the strength of a prevailing trend of PowerShares Multi-Factor and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low PowerShares Multi-Factor 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 average directional movement index momentum indicators indicator.

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PowerShares Multi-Factor Investor Sentiment

Most of Macroaxis users are currently bullish on PowerShares Multi-Factor Large Cap Portfolio. What is your perspective on investing in PowerShares Multi-Factor Large Cap Portfolio? Are you bullish or bearish?
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98% Bullish
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