AVG DIRECTIONAL INDEX
Trading: HOLD @ $1.875
Signal Strength: MEDIUM
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.
Adairs (ASX:ADH) has confirmed a weak trend is presentAdairs has an ATR(14) of 0.066, a DX of 13.65 & an ADX(14) of 19.89
The Average Directional Index (ADX) Minus Directional Indicator (-DI) and Plus Directional Indicator (+DI) represent a group of directional movement indicators that form a trading system developed by Welles Wilder.
Calculation: Average Directional Movement Index (ADX):
Trend Strength ;
1) 0-25 = Absent or Weak Trend;
2) 25-50 = Strong Trend;
3) 50-75 = Very Strong Trend;
4) 75-100 Extremely Strong Trend;
PROFILE: Adairs (ADH.AX)
Stock Exchange: ASX
Ticker Codes: | ADH.AX | ASX:ADH |
Adairs Limited operates as a specialty retailer of homewares and home furnishings in Australia and New Zealand. The company's product range includes categories, such as bedlinen, bedding, towels, homewares, soft furnishings, and children's furnishings, as well as occasional and bedroom furniture. It has approximately 130 stores across Australia in 5 physical store formats comprising Adairs, Adairs Homemaker, Adairs Kids, UHR, and Adairs Outlets; and 4 stores in New Zealand, as well as an online store. The company was formerly known as Home & Decor Holdings Pty Ltd and changed its name to Adairs Limited in May 2015. Adairs Limited was founded in 1918 and is based in Scoresby, Australia.
Average Directional IndexDownload
|CTD Corporate Travel Management||28.81||14.7||1,727,133||-19.18||NEUTRAL|
|SVW Seven Holdings||19.02||12.2||2,028,025||24.16||NEUTRAL|
|AXP Airxpanders Inc||0.04||12.1||4,203,665||19.83||NEUTRAL|
|GCY Gascoyne Resources||0.11||11.1||1,637,598||20.45||NEUTRAL|
|SXY Senex Energy||0.38||7.1||10,983,458||19.62||NEUTRAL|
|RSG Resolute Mining||1.15||6.5||9,128,506||-18.85||NEUTRAL|