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, September 23, 2009

Scan 23 Sep 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
A-RANK BHDLong9/23/20090.46501840049.232114
PENTAMASTER CORPORATION BHDLong9/23/20090.195155480034.24125
QL RESOURCES BHDLong9/23/20093.3517990025.593124
FOREMOST HOLDINGS BHDShort9/23/20090.55328040026.82325
INTEGRATED RUBBER CORPORATION BShort9/23/20090.59569740021.362426
KULIM (M) BHDShort9/23/20097.4913810027.052126
SARAWAK ENERGY BERHADShort9/23/20092.1461100024.13034

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