Energi (NRG)

Current price: $ 0.10

24 hours price change: $ 0.002093 (2.09%)

Energi ADX

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

The ADX was primarily developed for commodities, however it is also in use for stock and currency technical analysis, as well as for Energi. In this continuously updated article, we will explain the meaning and current trend of Energi. The current ADX analysis is based on the historical prices of Energi until July 13th, 2024.

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 Energi from 01/12/2024 until 07/13/2024.

In the chart above, the development of the price for Energi is shown for the period from 01/12/2024 until 07/13/2024. This same timeframe has been used in the average directional indicator chart below.

Average directional indicator for Energi until 07/13/2024.

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

Energi average directional index 25.59
Energi positive directional indicator 47.63
Energi negative directional indicator 37.48


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 Energi.

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

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

Energi 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 Energi is assumed to be positive. An important signal is when the -DI (red line) and +DI (green line) crosses over.

The current directional indicator gives a positive signal for Energi. The positive directional indicator for Energi is 47.63, which is higher than the negative directional indicator (37.48). The trend that the Energi follows is a positive one.

The current ADX value is 25.59, which tells us that the current trend is strong. Using these values, we can asume that the Energi will continue its upwards trend. In short, the current average directional index gives us a buying signal for the Energi. However, keep an eye on turning trends.


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: Financial indicators for cryptocurrencies