Stock Radar: Viewing Levels For NBCC (NBCC.BO)

Stock Radar: Viewing Levels For NBCC (NBCC.BO)

Technical investors may be checking certain levels on NBCC (NBCC.BO) shares. For traders looking to capitalize on trends, the ADX may be an essential technical tool. The ADX is used to measure trend strength.  ADX calculations are made based on the moving average price range expansion over a specified amount of time. ADX is charted as a line with values ranging from 0 to 100. The indicator is non-directional meaning […]

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Trend Indicator Levels For Apollo Tyres Ltd. (APOLLOTYRE.BO) in Focus

Trend Indicator Levels For Apollo Tyres Ltd. (APOLLOTYRE.BO) in Focus

Apollo Tyres Ltd. (APOLLOTYRE.BO) has a 14-day Commodity Channel Index (CCI) of 62.99. The CCI was designed to typically remain within the reading of -100 to +100. Traders may use the indicator to spot stock trends or to seek out overbought/oversold conditions. A CCI reading over +100 would suggest that the stock is overbought and possibly ready for a correction. On the flip side, a reading of -100 would imply […]

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ASHIMA LTD. (ASHIMASYN.BO) Trend Alert & Update

ASHIMA LTD. (ASHIMASYN.BO) Trend Alert & Update

One technical indicator that may help gauge the strength of market momentum is the Average Directional Index or ADX. At the time of writing, the 14-day ADX for ASHIMA LTD. (ASHIMASYN.BO) is standing at 22.63. The ADX was created by J. Welles Wilder to help determine how strong a trend is. In general, a rising ADX line means that an existing trend is gaining strength. The opposite would be the […]

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Stock Update: Levels in Review For Videocon Industries Ltd. (VIDEOIND.NS)

Stock Update: Levels in Review For Videocon Industries Ltd. (VIDEOIND.NS)

Traders are keeping a keen eye on shares of Videocon Industries Ltd. (VIDEOIND.NS). The Average Directional Index or ADX may prove to be an important tool for trading and investing. The ADX is a technical indicator developed by J. Welles Wilder used to determine the strength of a trend. The ADX is often used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction […]

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Levels in Focus on Shares of Sterlite Technologies Limited (STRTECH.BO)

Levels in Focus on Shares of Sterlite Technologies Limited (STRTECH.BO)

At the time of writing, the 14-day ADX for Sterlite Technologies Limited (STRTECH.BO) is 21.12. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. The ADX is typically plotted along with two other directional movement indicator lines, the Plus Directional Indicator […]

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