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Average Directional Index
(redirected from ADX)

    Also found in: Acronyms, Wikipedia 0.01 sec.
Average Directional Index (ADX)

What Does Average Directional Index (ADX) Mean?

The Average Directional Movement Index is used in technical analysis as an objective value for the strength of trend; it is nondirectional so that it will quantify trend strength whether it is up or down. ADX usually is plotted in a chart window along with two lines to create one indicator; it is derived from the relationship of the lines.

Investopedia explains Average Directional Index (ADX)

This analysis is a method of evaluating trend and can help traders identify the strongest trends and show them how to let profits run when the trend is strong.

Related Terms:
• Benchmark
• Downtrend
• Index
• Trend Analysis
• Uptrend
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01 billion worth of trades on the DFM and ADX combined for the month.
Shuaa Securities 'number one broker in UAE' by TradeArabia (Manama, Bahrain)
net (Staff Writer) "This meeting provides for an excellent opportunity that brokerage firms operating at ADX can understand the structure of UASE and its future plans and objectives, and the role of brokerages within the framework of that important union," Rashed Al Baloushi, ADX's Deputy Chief Executive and Director of Operations, commented on the occasion.
ADX hosts meeting for Union of Stock Arab Exchanges and brokerage ... by CPI Financial
ADX can confirm a communication was issued to some listed companies as part of a routine process," an ADX spokesman said in a statement.
Saad Banks with limited exposure to Saudi groups comply with ADX by Gulf News (United Arab Emirates)
 
 
 
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