Enigma (ENG)

Current price: $ 0.10

24 hours price change: $ 0.002679 (2.69%)

Enigma 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 Enigma. The trend that is being identified, can be both a positive trend as a negative trend in the pricedevelopment of Enigma.

The ADX was primarily developed for commodities, however it is also in use for stock and currency technical analysis, as well as for Enigma. In this continuously updated article, we will explain the meaning and current trend of Enigma. The current ADX analysis is based on the historical prices of Enigma until August 5th, 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 Enigma from 02/04/2021 until 08/05/2021.

In the chart above, the development of the price for Enigma is shown for the period from 02/04/2021 until 08/05/2021. This same timeframe has been used in the average directional indicator chart below.

Average directional indicator for Enigma until 08/05/2021.

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

Enigma average directional index 18.04
Enigma positive directional indicator 59.59
Enigma negative directional indicator 34.90


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 Enigma.

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

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

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

The Enigma currently follows a positive trend. For Enigma, the positive directional indicator is 59.59. The value for the negative directional indicator is lower (34.90). This means that the current trend of the Enigma is positive.

To measure the strength of the current trend, we look at the ADX. The value of the ADX for Enigma  is 18.04, meaning that the trend is very weak. The ADX for Enigma does not give us a good indication to start buying or selling Enigma.

To get a good signal to buy Enigma, we have to wait until the trend gives us a higher ADX value in the current positive 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.