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, September 8, 2009

Scan 8 Sep 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EQUINE CAPITAL BHDLong9/8/20090.531125430021.393021
GSB GROUP BHDLong9/8/20090.05515800044.192817
IJM PLANTATIONS BHDLong9/8/20092.8519290023.12924
I-POWER BHDLong9/8/20090.1522000020.061613
LION INDUSTRIES CORPORATION BHDLong9/8/20091.59210140022.822423
MALAYAN UNITED INDUSTRIES BHDLong9/8/20090.245492750028.491817
NAM FATT CORPORATION BHDLong9/8/20090.345769260024.553921
NI HSIN RESOURCES BHDLong9/8/20090.24513940022.473021
PINTARAS JAYA BHDLong9/8/20091.4410200032.142320
RHYTHM CONSOLIDATED BHDLong9/8/20090.0621000028.193325
PERDUREN (M) BHDShort9/8/20090.57512220021.262831
RELIANCE PACIFIC BHDShort9/8/20090.423850021.63539

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