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

Wednesday, December 16, 2009

Scan 16 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FAJAR BARU CAPITAL BHDLong12/16/20091.08181580025.522818
I-POWER BHDLong12/16/20090.1318510023.052624
KIM HIN INDUSTRY BHDLong12/16/20091.1918050022.763023
MERGE HOUSING BHDLong12/16/20090.551160022.662822
PDZ HOLDINGS BHDLong12/16/20090.08526000029.471817
SHANGRI-LA HOTELS (M) BHDLong12/16/20091.81200100021.315134
WARISAN TC HOLDINGS BHDLong12/16/20092.214010039.222316
COMPUGATES HOLDINGS BHDShort12/16/20090.06588590036.472021
DATAPREP HOLDINGS BHDShort12/16/20090.3229100025.72223

No comments: