LiveCharts.AI › Pairs › MNQ vs SPY › 5-minute
Does ADX Agree on MNQ and SPY? (5-minute Charts)
Educational reference. Measured from recorded market data through September 5, 2026. Not a forecast.
ADX measures how strongly a market is trending, regardless of direction. This page asks a narrower question than the price comparison: when ADX moves on Micro E-mini Nasdaq-100, does it move the same way on SPDR S&P 500 ETF?
| Bars where ADX moved on both | 3,395 |
|---|---|
| … and moved the same direction | 2,167 (63.8%) |
| Price correlation, same period | +0.858 |
ADX disagrees more than price does. Prices correlate at +0.858, which would suggest agreement near 83%. ADX manages 63.8%. The two markets move together while this reading does not — the gap is where a divergence setup would show up.
Why this is not the same as the price question
Two markets can move together while their momentum, trend strength or volatility do not. A reading that agrees far less than price suggests is exactly where one market is losing steam while the other keeps going — and a reading that agrees more is tracking something shared that direction alone does not capture.
See LiveCharts.AI forecasting ADX on both — 7-day free trial →