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, June 16, 2009

Scan 16 Jun 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CBS TECHNOLOGY BHDLong6/16/20090.445325050022.783422
SHELL REFINING CO (F.O.M.) BHDLong6/16/200910.341030024.852321
BURSA MALAYSIA BHDShort6/16/20097.1148530020.52428
DIGISTAR CORPORATION BHDShort6/16/20090.0731800023.213133
DREAMGATE CORPORATION BHDShort6/16/20090.18197450025.422627
FORMIS RESOURCES BHDShort6/16/20090.945452390020.241824
GUINNESS ANCHOR BHDShort6/16/20095.927050030.922841
HAP SENG PLANTATIONS HOLDINGS BShort6/16/20092.1239520027.392430
JOTECH HOLDINGS BHDShort6/16/20090.075506240021.871619
KENCANA PETROLEUM BHDShort6/16/20091.8213930032.882325
MALAYSIA AIRPORT HOLDINGS BHDShort6/16/20093.628390040.411922
PERISAI PETROLEUM TEKNOLOGI BHDShort6/16/20090.6552225220020.473032
PROGRESSIVE IMPACT CORPORATIONShort6/16/20090.36587480038.422829
SAAG CONSOLIDATED (M) BHDShort6/16/20090.3452208570020.182225
SIN CHEW MEDIA CORPORATION BHDShort6/16/20090.56144150023.522426
TAN CHONG MOTOR HOLDINGS BHDShort6/16/20091.614980029.453136
WAH SEONG CORPORATION BHDShort6/16/20091.8183630037.382627

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