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

Friday, November 13, 2009

Scan 13 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
INIX TECHNOLOGIES HOLDINGS BHDLong11/13/20090.0961520022.442623
PREMIUM NUTRIENTS BHDLong11/13/20090.2638120020.983829
SYARIKAT TAKAFUL MALAYSIA BHDLong11/13/20091.3920120036.823929
WAH SEONG CORPORATION BHDLong11/13/20092.38234230020.622621
ALAM MARITIM RESOURCES BHDShort11/13/20091.75242170028.691746
HPI RESOURCES BHDShort11/13/20091.314360037.921844
POH HUAT RESOURCES HOLDINGS BHDShort11/13/20090.49206280027.272223

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