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Priming the Pump: What Are the Indicators Saying About Vmware Inc (VMW)

Submitted by on December 2, 2017 – 11:24 pmNo Comment

Watching the technicals on shares of Vmware Inc (VMW), we have recently noted that the Chaikin Oscillator is above zero. Traders may be following the stock over the next few trading periods to spot any potential signs of bullish momentum.

Vmware

We can also do some further technical analysis on the stock. At the time of writing, the 14-day ADX for Vmware Inc (VMW) is 41.26. 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.

To read the entire article, please click on this https://www.concordregister.com/priming-the-pump-what-are-the-indicators-saying-about-vmware-inc-vmw/