Monday, August 21, 2017 12:11:35 PM
ADX Value Trend Strength Comments Stock Screener~
0-20 - Non Trending Sideways market or a phase of Accumulation/Distribution.
20-25 - Trending for less Volatile Stocks Some Analyst use value above 20 as Trending. Works for lesser volatile stocks.
25-40 - Strong Trend: This indicates strong trend.
40-60 - Very Strong Trend: Rare. Traders should take advantage of it.
60-100 - Extremely Strong Trend: Very rare. Such trends are not sustainable and traders should be ready for trend reversal.
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