AVG DIRECTIONAL INDEX
Trading: HOLD @ $1.145
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.
Infomedia (ASX:IFM) has confirmed a strong trend is present. Infomedia has an ATR(14) of 0.061, a DX of 9.81 & an ADX(14) of 27.04
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: Infomedia (IFM.AX)
Stock Exchange: ASX
Ticker Codes: | IFM.AX | ASX:IFM |
Infomedia Ltd., a technology company, develops and supplies electronic parts catalogues and service quoting software systems for the automotive industry in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company's parts solutions include Microcat LIVE, Microcat MARKET, and Auto PartsBridge that allow users to identify replacement parts manufactured by original equipment companies; and Microcat CRM, which connects the sales channel from original equipment manufacturer (OEM)s to wholesale customer. Its service solutions comprise Superservice Menus, Superservice Triage, Superservice Insight, Superservice Register, and Superservice Connect, which allow users and OEMs to deliver service performance for their customers. The company also provides data management products comprising lubricants recommendation database, lubrication and tune-up guide, and data consulting services. In addition, it engages in the information management, analysis, and creation for the automotive and oil industries. Infomedia Ltd. was founded in 1987 and is headquartered in Sydney, Australia.
Average Directional IndexDownload
|AXP Airxpanders Inc||0.04||13.9||692,845||-22.13||NEUTRAL|
|BFC Beston Global Food||0.17||10||198,167||24.78||NEUTRAL|
|SAS Sky And Space Global||0.06||6.8||2,727,289||21.73||NEUTRAL|
|EMH European Metals Holdings||0.41||6.5||10,000||-20.07||NEUTRAL|
|LNG Liquefied Natural Gas||0.5||6.5||2,349,316||19.49||NEUTRAL|
|KAR Karoon Gas Australia||1.05||5.6||521,607||-17.4||NEUTRAL|
|TNG Tennant Creek Gold||0.11||4.8||28,222||19.3||NEUTRAL|