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, February 17, 2009

Scan 17 Feb 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HIROTAKO HOLDINGS BHDLong2/17/20090.5410510029.783120
MINPLY HOLDINGS (M) BHDLong2/17/20090.28160470027.732414
EASTERN & ORIENTAL BHDShort2/17/20090.55885010020.212327
SURIA CAPITAL HOLDINGS BHDShort2/17/20090.75511800020.762532
WCT ENGINEERING BHDShort2/17/20091.11593610027.062730

No comments: