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 9 Sep 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KARAMBUNAI CORP BHDLong9/9/20090.0827710033.912116
LION CORPORATION BHDLong9/9/20090.42443130021.622218
MARCO HOLDINGS BHDLong9/9/20090.12561710029.114134
POS MALAYSIA & SERVICES HOLDINGLong9/9/20092.3104830022.282928
PREMIUM NUTRIENTS BHDLong9/9/20090.24555620032.842521
AL-HADHARAH BOUSTEAD REITShort9/9/20091.2625300026.672636
MECHMAR CORPORATION (M) BHDShort9/9/20090.1211200023.462830
MTD ACPI ENGINEERING BHDShort9/9/20090.6211200020.262730
MUHIBBAH ENGINEERING (M) BHDShort9/9/20091.3381240022.582123

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