Trying to find a way to measure how much a stock price changes on an average day? The Average Daily Range (ADR) is a technical indicator that provides a great measure of intraday volatility!
The Average Daily Range is a technical indicator used to measure volatility in an asset. It calculates the average difference between the highest and lowest price over a time interval. Typically, this indicator is used to signal a significant change in price action over the short term.
The Average Daily…