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, March 12, 2009

Scan 12 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MINPLY HOLDINGS (M) BHDLong3/12/20090.275140630021.081614
PRICEWORTH WOOD PRODUCTS BHDLong3/12/20090.44523520026.945925
MENANG CORPORATION (M) BHDShort3/12/20090.14599060021.441428
MMC CORPORATION BHDShort3/12/20091.3586650022.571822
WAWASAN TKH HOLDINGS BHDShort3/12/20090.1119330051.952527
YUNG KONG GALVANISING INDUSTRIEShort3/12/20090.318230027.112528

No comments: