Technical Update on Shares of Kalina Power Limited (KPO.AX)

Technical Update on Shares of Kalina Power Limited (KPO.AX)

At the time of writing, the 14-day ADX for Kalina Power Limited (KPO.AX) is 25.92. 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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Stock Review: ADX, MA, RSI Numbers in View for Link Administration Holdings Limited (LNK.AX)

Stock Review: ADX, MA, RSI Numbers in View for Link Administration Holdings Limited (LNK.AX)

Currently, the 14-day ADX for Link Administration Holdings Limited (LNK.AX) is sitting at 28.67. In general, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. […]

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Stock to Watch: Resolute Mining Limited (RSG.AX)

Stock to Watch: Resolute Mining Limited (RSG.AX)

Technical investors may be checking certain levels on Resolute Mining Limited (RSG.AX) 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 […]

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Share Focus: Checking the Indicators on Top End Minerals Limited (TND.AX)

Share Focus: Checking the Indicators on Top End Minerals Limited (TND.AX)

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 Top End Minerals Limited (TND.AX) is standing at 61.79. 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 […]

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Stock Review: ADX, MA, RSI Numbers in View for Phylogica Limited (PYC.AX)

Stock Review: ADX, MA, RSI Numbers in View for Phylogica Limited (PYC.AX)

Currently, the 14-day ADX for Phylogica Limited (PYC.AX) is sitting at 37.91. In general, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often […]

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