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, September 10, 2009

Scan 10 Sep 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BINTAI KINDEN CORPORATION BHDLong9/10/20090.41545560020.263227
CAROTECH BHDLong9/10/20090.2314480020.252524
FAVELLE FAVCO BHDLong9/10/20090.927330020.072725
TOP GLOVE CORPORATION BHDLong9/10/20097.220280023.343518
UNICO-DESA PLANTATIONS BHDLong9/10/20090.812700020.632516
YTL POWER INTERNATIONAL BHDLong9/10/20092.161352730021.862822
MAH SING GROUP BHDShort9/10/20091.8938630043.392937
MALAYSIAN PACIFIC INDUSTRIES BHShort9/10/20095.9113000028.842142
RAMUNIA HOLDINGS BHDShort9/10/20090.505207450020.942123
REXIT BHDShort9/10/20090.6342200025.963032

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