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 8, 2009

Scan 8 Jan 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HIROTAKO HOLDINGS BHDLong1/8/20090.52514000044.862221
HIAP TECK VENTURE BHDShort1/8/20090.69523900025.432427
IOI PROPERTIES BHDShort1/8/20092.1324970048.972429
SUPERMAX CORPORATION BHDShort1/8/20090.86514030023.652429
UMW HOLDINGS BHDShort1/8/20095.3530660023.152021
UNISEM (M) BHDShort1/8/20090.6850370026.542231
WTK HOLDINGS BHDShort1/8/20090.8249270043.052627

No comments: