ADX stands for average directional index. Its value ranges from 0 to 100.

As its name implies ADX is used to measure directional movement. Its value is derived from 2 other indicators +DI and -DI.

In this blog, I will provide list of KLSE Stocks based on
1. 13 Period ADX > 20
2. 13 Period +DI crosses over -DI for Long signal.
3. 13 Period +DI crosses under -DI for Short signal.
4. Volume trade > 100,000 shares

Thursday, August 8, 2013

Scan 7 Aug 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AXIS REAL ESTATE INVESTMENT TRULong8/7/20133.7510930022.963224
CYBERTOWERS BHDLong8/7/20130.145473410020.422624
KUMPULAN JETSON BHDLong8/7/20131.6579000023.452219
SCOMI GROUP BHDLong8/7/20130.395197470020.552322
SEAL INCORPORATED BHDLong8/7/20130.5486510027.112920
SMR TECHNOLOGIES BHDLong8/7/20130.22527810025.932919
MELEWAR INDUSTRIAL GROUP BHDShort8/7/20130.20512110023.682324
OCEANCASH PACIFIC BHDShort8/7/20130.1214000032.653542
PAN MALAYSIA CAPITAL BHDShort8/7/20130.045231010052.91729

1 comment:

anbz said...

novamsc TP 60 cents!!!
capital repayment+takeover...big accumulation done for years already