Archive for the 'Average Directional Index' Category

Aug-20th-2010

Stocks in a new uptrend

Well, there aren’t many of them, but that’s why we’re featuring them.  Take a look at these equities showing new uptrends based on the ADX model scan. Icici Bank (NYSE: IBN) – Financial CommVault Systems (NASDAQ: CVLT) Technology TPC Group (NASDAQ: TPCG) – Chemicals Six Flags (NYSE: SIX) – Retail Phase Forward (NASDAQ: PFWD) – [...]

Aug-11th-2010

ADX Bullish Indicators

Yesterday I profiled ADX bearish indicators, here’s a list of possible stocks in a new bullish uptrend. Alcon (NYSE: ACL) – Healthcare Credicorp (NYSE: BAP) – Financial Spreadtrum Communications (NASDAQ: SPRD) – Technology TransDigm (NYSE: TDG) – Defense Maxwell Technologies (NASDAQ: MXWL) – Technology GlaxoSmithKline (NYSE: GSK) – Healthcare Nippon Telephone & Telegraph (NYSE: NTT) [...]

Aug-10th-2010

Average Directional Index Bearish Indicators

Let’s take a look at some stocks that are registering as being in a new bearish trend pattern based on the ADX scan. Jacobs Engineering (NYSE: JEC) – Capital goods Sanmina Corporation (NASDAQ: SANM) – Technology CGI Group (NYSE: GIB) – Technology United Stationers (NASDAQ: USTR) – Consumer Ritchie Bros Auctioneers (NYSE: RBA) – Services [...]