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 9, 2009

Scan 9 Jun 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HAP SENG PLANTATIONS HOLDINGS BLong6/9/20092.1249860037.022524
KEJURUTERAAN SAMUDRA TIMUR BHDLong6/9/20090.3519180020.092016
MQ TECHNOLOGY BHDLong6/9/20090.08542670020.866125
FTEC RESOURCES BHDShort6/9/20090.05142580024.472023
PLUS EXPRESSWAYS BHDShort6/9/20093.2699380030.282226

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