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, October 28, 2009

Scan 27 Oct 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
PK RESOURCES BHDLong10/27/20090.633310028.824427
UMW HOLDINGS BHDLong10/27/20096.469570020.823122
AKN TECHNOLOGY BHDShort10/27/20090.12530000023.932224
FTEC RESOURCES BHDShort10/27/20090.015143140029.592232
HO HUP CONSTRUCTION COMPANY BHDShort10/27/20090.4932400026.662944
IQ GROUP HOLDINGS BHDShort10/27/20090.534650025.922128
KIM HIN INDUSTRY BHDShort10/27/20091.0818900034.242024
KNM GROUP BHDShort10/27/20090.814928870027.182728
PDZ HOLDINGS BHDShort10/27/20090.08103070022.891318
PETRA PERDANA BHDShort10/27/20092.5916780023.612728
TENAGA NASIONAL BHDShort10/27/20098.5351720036.862628
UOA REAL ESTATE INVESTMENT TRUSShort10/27/20091.322830034.842432

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