Current price: $ 0.20

24 hours price change: $ 0.01 (6.59%)


The Average Directional indicator (or ADX) is a directional trading indicator that is used to identify a technical trend, in this case of the ABBC Coin. The trend that is being identified, can be both a positive trend as a negative trend in the pricedevelopment of ABBC Coin.

The ADX was primarily developed for commodities, however it is also in use for stock and currency technical analysis, as well as for ABBC Coin. In this continuously updated article, we will explain the meaning and current trend of ABBC Coin. The current ADX analysis is based on the historical prices of ABBC Coin until July 25th, 2021.

In the chart below, the strength the trend is drawn, as well as the positive and negative directional indicators. The ADX (Average Directional Index) is the black line. The positive directional indicator (+DI) is the green line, and the negative directional indicator (-DI) is drawn in red.

Price chart for ABBC Coin from 01/24/2021 until 07/25/2021.

In the chart above, the development of the price for ABBC Coin is shown for the period from 01/24/2021 until 07/25/2021. This same timeframe has been used in the average directional indicator chart below.

Average directional indicator for ABBC Coin until 07/25/2021.

In the charts above, you can see the trends of the ADX, +DI and -DI. The current values of these three indicators for the ABBC Coin are listed in the table below.

ABBC Coin average directional index 20.27
ABBC Coin positive directional indicator 50.61
ABBC Coin negative directional indicator 41.20


Several signals can be gained from the chart above. First of all, the green line gives us an indication of the positive trend. The opposite line, the red one, indicates the negative trend for ABBC Coin.

When the green line tops the red line, the ABBC Coin is in a positive trend. However, when the situation turns around, the trend has also changed to a negative trend for ABBC Coin.

Furthermore, the black line gives the strength of the current trend of ABBC Coin, both positive and negative. The higher the black line (ADX), the stronger the trend.

ABBC Coin ADX score

The Average Directional Index (ADX) is used to measure the strength or weakness of a trend, not the actual direction. In general, when the positive directional indicator is higher than the negative directional in indicator, the trend of ABBC Coin is assumed to be positive. An important signal is when the -DI (red line) and +DI (green line) crosses over.

As you can see in the chart above, the ABBC Coin follows a positive trend. The positive directional indicator (50.61) is higher than the negative directional indicator (41.20). When this situation occurs, the trend can be identified as a positive trend for the ABBC Coin.

Allthough the trend is positive, the current situation of the trend of ABBC Coin is not that strong. The ADX gives us a value of 20.27, which means that the trend currently followed by ABBC Coin is a weak one. To get clear signals from the ADX for ABBC Coin, you should wait until the ADX moves upwards of 25.

As mentioned, the current trend is positive, however the trend might flip over to a negative trend.


We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.