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, August 8, 2023

Scan 08 Aug 2023

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ARANKShort8/8/20230.523010020.923334
IGBCRShort8/8/20230.521680030.172532
MBSBShort8/8/20230.751518830041.411921
SUNCONShort8/8/20231.7622020025.952325
TMCLIFEShort8/8/20230.6138320025.82022

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