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, December 15, 2009

Scan 15 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALAM MARITIM RESOURCES BHDLong12/15/20091.8914100020.183130
AL-HADHARAH BOUSTEAD REITLong12/15/20091.317240025.723025
COMPUGATES HOLDINGS BHDLong12/15/20090.065395860039.342115
DIGI.COM BHDLong12/15/200921.7230810032.813732
IJM CORPORATION BHDLong12/15/20094.7278210028.382925
KIAN JOO CAN FACTORY BHDLong12/15/20091.1582110024.483028
PETRONAS GAS BHDLong12/15/20099.9217150029.712620
YTL CORPORATION BHDLong12/15/20097.5159490029.752423
PATIMAS COMPUTERS BHDShort12/15/20090.07529550032.11712
SILVER BIRD GROUP BHDShort12/15/20090.756550025.282022

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