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, January 16, 2014

Scan 16 Jan 14

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KBB RESOURCES BHDLong1/16/20140.195165750021.442320
AHMAD ZAKI RESOURCES BHDShort1/16/20140.825369580024.891944
ALAM MARITIM RESOURCES BHDShort1/16/20141.52384070022.872428
BOUSTEAD HOLDINGS BHDShort1/16/20145.3622560038.812637
EURO HOLDINGS BHDShort1/16/20140.3866400027.532532
HUA YANG BHDShort1/16/20141.9925600024.692930
KOSSAN RUBBER INDUSTRIES BHDShort1/16/20144.09239010024.292829
LBS BINA GROUP BHDShort1/16/20141.5636890024.551920
MAH SING GROUP BHDShort1/16/20142.1645910026.491819
PREMIUM NUTRIENTS BHDShort1/16/20140.3613540027.351620
RHB CAPITAL BHDShort1/16/20147.89158310022.611922
UNITED U-LI CORPORATION BHDShort1/16/20141.0558980037.052324
V.S INDUSTRY BHDShort1/16/20141.428230040.282831
WCT ENGINEERING BHDShort1/16/20142.18433160023.791924
YNH PROPERTY BHDShort1/16/20141.8331330034.481820
YTL LAND & DEVELOPMENT BHDShort1/16/20140.89572280021.711825

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