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

Tuesday, January 19, 2016

Scan 19 Jan 16

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
A-RANK BHDLong1/19/20160.66511260027.522725
GUNUNG CAPITAL BERHADLong1/19/20160.4111010020.352414
KBB RESOURCES BHDLong1/19/20160.1554900150022.486315
LITESPEED EDUCATION TECHNOLOGIELong1/19/20160.33278620027.043723
MALAYSIAN PACIFIC INDUSTRIES BHLong1/19/20161033770029.982723
NOTION VTEC BHDLong1/19/20160.4252210023.072421
SAPURA RESOURCES BHDLong1/19/20161.49208680026.753019
VIZTEL SOLUTIONS BHDLong1/19/20160.260720020.292726
BOUSTEAD HOLDINGS BHDShort1/19/20164.0988550036.81923
IREKA CORPORATION BHDShort1/19/20160.5442100026.752135

1 comment:

Unknown said...

Market forecast for KLCI

The KLCI index is expected to trade with bullish sentiments in coming trading session however the level of 1634 can hold the bullish movement and can bound the market to give a sideways movement.

Market Review for KLCI

The FBM KLCI index gained 6.58 points or 0.41% on Tuesday. The Finance Index increased 0.53% to 13683.57 points, the Properties Index up 0.90% to 1143.81 points and the Plantation Index rose 0.19% to 7519.29 points. The market traded within a range of 10.74 points with high of 1632.60 and a low of 1621.86.

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