Strong trend22 May 2018 10:13
The 14-day ADX for Webis Holdings Plc (WEB.L) is 39.54. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend.
A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal.
The ADX is typically plotted along with two other directional movement indicator lines, the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI).
Some analysts believe that the ADX is one of the best trend strength indicators available.