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, November 17, 2009

Scan 17 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GAMUDA BHDLong11/17/20093.111063570024.242522
KIM HIN INDUSTRY BHDLong11/17/20091.121000023.742421
WCT ENGINEERING BHDLong11/17/20092.66395780029.142420
GSB GROUP BHDShort11/17/20090.0532200043.452226
HOVID BHDShort11/17/20090.255137200023.882025
KELADI MAJU BHDShort11/17/20090.1579700020.371418
LFE CORPORATION BHDShort11/17/20090.2781940021.452227
METRO KAJANG HOLDINGS BHDShort11/17/20091.4513780023.312627
OILCORP BHDShort11/17/20090.13150100028.222426

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