SPDR Portfolio Momentum Indicators Average Directional Movement Index Overview

SPIB -- USA Etf  

USD 33.30  0.05  0.15%

SPDR Portfolio momentum-indicators tool provides you with the Momentum Indicators execution environment for running Average Directional Movement Index indicator against SPDR Portfolio. Momentum indicators of SPDR Portfolio are pattern recognition functions that provide distinct formation on SPDR Portfolio 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.
 Time Horizon     30 Days    Login   to change
Symbol
Refresh

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The average directional index (ADX) measures the strength of a prevailing trend of SPDR Portfolio Interm and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low SPDR Portfolio 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.

Additional Technical Research

Did you try this?

Run Pair Correlation Now
   

Pair Correlation

Compare performance and examine historical correlation between any two equity instruments
All  Next Launch Pair Correlation

Pair Trading

SPDR Portfolio Interm Term Corp Bd ETF Pair Trading Analysis
Correlation analysis and pair trading evaluation for SPDR Portfolio and iShares iBoxx Invmt. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Also please take a look at World Market Map. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.