Majestic Wine Momentum Indicators Average Directional Movement Index Rating

MJWNF -- USA Stock  

USD 2.90  0.00  0.00%

Majestic Wine momentum-indicators tool provides you with the Momentum Indicators execution environment for running Average Directional Movement Index Rating indicator against Majestic Wine. Momentum indicators of Majestic Wine are pattern recognition functions that provide distinct formation on Majestic Wine 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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  Portfolio Optimization  Performance  Majestic Wine Prediction  
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The output start index for this execution was thirty-four with a total number of output elements of twenty-seven. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of Majestic Wine Plc is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Majestic Wine ADXR value, consider a high number to be a strong trend, and a low number, a weak trend. View also all equity analysis or get more info about average directional movement index rating momentum indicators indicator.

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