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 12, 2016

Scan 12 Jan 16

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BRITISH AMERICAN TOBACCO (M) BHLong1/12/201655.927630030.052019
TEJARI TECHNOLOGIES BHDLong1/12/20160.0425500020.832524
CARLSBERG BREWERY MALAYSIA BHDShort1/12/201611.6612510021.431522
HUBLINE BHDShort1/12/20160.0051063800048.892231
KUMPULAN JETSON BHDShort1/12/20160.2522010020.81724
PRINSIPTEK CORPORATION BHDShort1/12/20160.13534900020.442425
PUC FOUNDER (MSC) BHDShort1/12/20160.1051753330021.111922

1 comment:

Trading Advisor said...

Market forecast for KLCI

The KLCI index is expected to consolidatein next trading sessionandif it break the resistance level of 1651 then can expect bullishsentiments.Also he investors sentiment is bearish over the slowdown of Chinese economy and falling


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