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

Saturday, November 21, 2009

Scan 20 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BASWELL RESOURCES BHDLong11/20/20090.22512010029.743123
DAYA MATERIALS BHDLong11/20/20090.365255540025.242726
KZEN SOLUTIONS BHDLong11/20/20090.0910200025.171514
ABRIC BHDShort11/20/20090.210200034.221921
CHIN WELL HOLDINGS BHDShort11/20/20091.0316210023.862526
KOSSAN RUBBER INDUSTRIES BHDShort11/20/20094.88181040034.592937
MAH SING GROUP BHDShort11/20/20091.76115880026.341631
MAMEE-DOUBLE DECKER (M) BHDShort11/20/20092.1521720042.341171
TANJUNG OFFSHORE BHDShort11/20/20091.0321460021.592534

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