Average Daily Range (ADR) Stock Screener (2024)

FAQs

Average Daily Range (ADR) Stock Screener? ›

It shows how much the price of an asset moves per day on average, and it is very similar to the Average True Range (ATR) indicator, with the difference that it does not consider any gaps with the previous day's closing price. The ADR indicator measures volatility and shows whether the price movement is out of the norm.

The Average Daily Range (ADR) is the price range average value for a particular number of days taken for analysis in the past. In other words, ADR is the average of DR over the period the trader chooses to calculate the indicator.

DESCRIPTION AND OVERVIEW The Average Daily Range is a measure of volatility (typically across 5 days for the FX markets). I originally saw this being used in a trading system called ANTSSYS by Daryll Guppy and some other developers.

How is it Calculated? Adding up the closing prices of a stock for a given number of days represented by n (day 1+day2+day 3… day n) and dividing the sum by n will provide you with the moving average for the given duration.

Good professional players have an ADR of around 140 to 160, which means they kill a full armor enemy agent roughly once per round. Whilst this might sound easy, you need to remember, half of the kills you get, you don't kill them from 160hp all the way down to zero.

The Average Daily Range indicator (ADR) calculates the average daily high-to-low distances. It shows how much the price of an asset moves per day on average, and it is very similar to the Average True Range (ATR) indicator, with the difference that it does not consider any gaps with the previous day's closing price.

ADR is a dollar figure. It does not include gaps. If you notice on this chart, ADR is not affected by the gap higher in February. If you scroll back to the ATR chart above, ATR starts moving up on that gap higher, because ATR includes the gap in daily movement.

The "Average True Range" indicator is a popular tool that measures price volatility. In this modified indicator, I present two methods of calculating ATR: the outdated classical one based on RMA (EMA, SMA, WMA), and the modernized one using the Super Smoother filter.

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This indicator is focused on the Average Daily Range (ADR), with the goal of collecting data to show how often price reaches/closes through these levels, as well as a look at historical moves that reached ADR and at similar times of day to study how price moved for the remainder of the session.

The Average True Range works by finding the True Range – the largest of the differences between the current high and the previous close, the current low and the current high and the current low for a set of time periods, adding them together, and dividing them by the number of time periods.

Take the daily high and subtract the daily low from it. Using a 20 day period as an example, you would calculate the ranges of the past 20 days and then add them up to make a sum. Divide the sum by the number of days (eg. 20) and the result will be the average daily price range for your chosen time period.

The average daily rate (ADR) is a metric widely used in the hospitality industry to indicate the average revenue earned for an occupied room on a given day.

An alternative to the average daily trading volume indicator is the average daily value indicator. Average daily value is a computation of the average dollar amount of a stock that is, on average, traded daily.

It represents the average revenue earned per occupied room on a given day. Put simply, ADR tells you the average price guests are paying for their rooms over a specific period. It's a great indicator of your hotel's overall financial health and gives you a figure to benchmark against your competitors' ADR.

Divide the number of advancing stocks by the number of declining stocks to quantify the day's ADR reading. 7. Analyze the ADR Results. An ADR above 1 indicates bullish breadth, while a reading below 1 signals bearish breadth. The higher the ratio, the more bullish the internals.