Nasdaq Trending Stocks
The NASDAQ trending list includes selected stocks from the NASDAQ stock
exchange exclusive of those companies already found in the Nasdaq 100
trending list.
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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