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, November 5, 2009

Scan 5 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DNP HOLDINGS BHDLong11/5/20091.545580023.162722
KANNALTEC BHDLong11/5/20090.08559260022.393223
LEADER UNIVERSAL HOLDINGS BHDLong11/5/20090.7931440021.492523
MALAYSIAN BULK CARRIERS BHDLong11/5/20093.1720860021.953116
MCM TECHNOLOGIES BHDLong11/5/20090.09519310035.081914
ASDION BHDShort11/5/20090.34510630020.05810
CAROTECH BHDShort11/5/20090.18261260037.072540
LATEXX PARTNERS BHDShort11/5/20092.44161530038.832031
WAH SEONG CORPORATION BHDShort11/5/20092.36171730729.922526

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