Now we uses the the technical analysis in share market. In technical analysis, there are some indicator uses in that . These indicators are called technical indicators. In these technical indicators can be classified into two groups .First group contain trend following or lagging, indicators and moving averages(MA) and moving average convergence divergence(MACD). And second group contains relative strength index(RSI). stochastic oscillator and williams %R. A trading market is one when the index moves sideways between ranges without any clear trend up or down. Such a market is also called a consolidation stage. One of the best indicator to know the about what happen in share market is ADX. ADX means Average Directional Index. This indicator was developed by J. Welles Wilder.
In the Share Market there are many Indicators are availble but the ADX is most inportant in the Share Market Anaysis..