investors keeping a close eye on JCS

http://stocktalkdaily.com/average-directional-index-review-for-jcurve-solutions-ltd-jcs-ax/71112/


Average Directional Index Review for Jcurve Solutions Ltd (JCS.AX)
January 5, 2017 Stock Talk Staff


Investors are keeping a close eye on levels of Jcurve Solutions Ltd (JCS.AX). The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. The ADX alone measures trend strength but not direction. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum. Many traders will use the ADX alongside other indicators in order to help spot proper trading entry/exit points. After a recent check, the 14-day ADX for Jcurve Solutions Ltd (JCS.AX) is 30.47. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.