Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Gordon Scott has been an active investor and technical analyst or 20+ years. He ...
ADX stands for Average Directional Movement Index, an oscillator driven by a mathematical derivation used in technical analysis to assess the strength of a price trend in a financial security.
In trading on Wednesday, shares of Dominion Midstream Partners LP (Symbol: DM) entered into oversold territory, changing hands as low as $27.5685 per share. We define oversold territory using the ...
J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Somer G.
For anyone interested in using indicators in your trading/investing, the DMI/ADX is an indicator I've recently been looking at to help identify trends. It's primary purpose is to measure directional ...