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, April 23, 2015

Scan 23 Apr 15

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AKN MESSAGING TECHNOLOGIES BHDLong4/23/20150.17521800022.632522
SARAWAK CONCRETE INDUSTRIES BHDLong4/23/20150.9259940042.882613
COMPUGATES HOLDINGS BHDShort4/23/20150.04565100020.132527
MALAYAN BANKING BHDShort4/23/20159.25644280027.162035
PENSONIC HOLDINGS BHDShort4/23/20150.4112300022.872033
PRESS METAL BHDShort4/23/20153.24235110040.651923

No comments: