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, December 17, 2009

Scan 17 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
D & O VENTURES BHDLong12/17/20090.415435220029.373720
HUBLINE BHDLong12/17/20090.205817580028.922825
MALAYSIAN PLANTATIONS BHDLong12/17/20092.71365090022.292720
MTOUCHE TECHNOLOGY BHDLong12/17/20090.2912580030.993625
SILVER BIRD GROUP BHDLong12/17/20090.75517460022.432320
ZHULIAN CORPORATION BHDLong12/17/20091.5616840022.082423
AL-HADHARAH BOUSTEAD REITShort12/17/20091.3101040022.942831
DIGI.COM BHDShort12/17/200921.4250680028.993236
GPRO TECHNOLOGIES BHDShort12/17/20090.035104010026.852330
IJM CORPORATION BHDShort12/17/20094.56267110025.052426
I-POWER BHDShort12/17/20090.12533190022.432331
MALAYAN UNITED INDUSTRIES BHDShort12/17/20090.21123190031.671722

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