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, November 14, 2013

Scan 14 Nov 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVENTA BHDLong11/14/20131.0320910020.233320
MALAYSIAN AIRLINE SYSTEM BHDLong11/14/20130.345700670024.531813
TMC LIFE SCIENCES BHDLong11/14/20130.39525550021.092724
DKSH HOLDINGS(M)BHDShort11/14/20136.45124130028.563436
LION INDUSTRIES CORPORATION BHDShort11/14/20130.8784300024.332122
MBM RESOURCES BHDShort11/14/20133.6216500020.462123
MUDAJAYA GROUP BHDShort11/14/20132.7759480022.581820
POS MALAYSIA & SERVICES HOLDINGShort11/14/20135.7238950028.512226

No comments: