AVG DIRECTIONAL INDEX
Trading: HOLD @ $1.635
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.
Data#3 (ASX:DTL) has confirmed a strong trend is present. Data#3 has an ATR(14) of 0.041, a DX of 27.29 & an ADX(14) of 30.33
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: Data#3 (DTL.AX)
Stock Exchange: ASX
Ticker Codes: | DTL.AX | ASX:DTL |
Data#3 Limited, together with its subsidiaries, provides information technology (IT) solutions in Australia and the Asia Pacific. The company operates through two segments, Product and Services. The Product segment provides hardware and software licenses for customers' desktop, network, and data center infrastructure. The Services segment offers consulting, project, managed, and maintenance contracts, as well as workforce recruitment and contracting services in relation to the design, implementation, operation, and support of ICT solutions. It also provides cloud/hybrid IT, mobility, security, data and analytics, and IT lifecycle management solutions. Data#3 Limited was founded in 1977 and is headquartered in Toowong, Australia.
Average Directional IndexDownload
|AGG Anglogold Ashanti||4.16||8.3||21,558||37.73||BULLISH|
|BFC Beston Global Food||0.16||6.9||222,535||28.37||BULLISH|
|OGC Oceanagold Corporation||4.73||6.3||557,211||30.53||BULLISH|
|SLR Silver Lake Resources||0.68||6.3||5,503,241||31.79||BULLISH|
|CIA Champion Iron||1.59||5.7||299,939||29.56||BULLISH|
|SSM Service Stream||2.14||4.4||2,193,559||32.91||BULLISH|
|PNR Pacific Niugini Minerals||0.25||4.2||1,178,071||30.66||BULLISH|