https://danvilledaily.com/...shares-of-vestas-wind-systems-as-vws-de/
...."One technical indicator that may help gauge the strength of market momentum is the Average Directional Index or ADX. At the time of writing, the 14-day ADX for Vestas Wind Systems A/S (VWS.DE) is standing at 11.71. The ADX was created by J. Welles Wilder to help determine how strong a trend is. In general, a rising ADX line means that an existing trend is gaining strength. The opposite would be the case for a falling ADX line. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal.
Looking further at additional technical indicators we can see that the 14-day Commodity Channel Index (CCI) for Vestas Wind Systems A/S (VWS.DE) is sitting at -77.38. CCI is an indicator used in technical analysis that was designed by Donald Lambert. Although it was originally intended for commodity traders to help identify the start and finish of market trends, it is frequently used to analyze stocks as well. A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold)...."
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