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

Wednesday, May 13, 2009

Scan 13 May 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ETI TECH CORPORATION BHDLong5/13/20091.575000041.883026
FORMIS RESOURCES BHDLong5/13/20090.81530010024.762523
MAMEE-DOUBLE DECKER (M) BHDLong5/13/20092.2712400039.312522
MINETECH RESOURCES BHDLong5/13/20090.14116900028.42120
VTI VINTAGE BHDLong5/13/20090.1146610020.222521
PBA HOLDINGS BHDShort5/13/20090.9114600038.792932
PRINSIPTEK CORPORATION BHDShort5/13/20090.32513300031.992225

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