AMEX Trending Stocks
The NYSE trending list includes selected stocks from the NYSE stock.
dmtrend is based on Welles Wilder's concept of "Directional Movement".
Directional Movement signals occur as follows:
- Uptrend signal : +DI14 crosses above -DI14 and ADXR >= 25
- Downtrend signal : -DI14 crosses above +DI14 and ADXR >= 25
dmTrend applies similar criteria for conservative entry points but also generates early trending signals.
Be sure you understand the difference - refer
to our section Trading Using The Directional Movement System for details.
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