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 2, 2009

Scan 2 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BORNEO OIL BHDLong12/2/20090.2992400024.063424
BTM RESOURCES BHDLong12/2/20090.71560300029.224019
CAROTECH BHDLong12/2/20090.19309090024.893327
DAIBOCHI PLASTIC & PACKAGING INLong12/2/20092.116600034.092524
GSB GROUP BHDLong12/2/20090.0521360032.271916
INS BIOSCIENCE BHDLong12/2/20090.15561860026.89658
JADI IMAGING HOLDINGS BHDLong12/2/20090.18540060042.982519
LATEXX PARTNERS BHDLong12/2/20092.74109180020.132524
LION DIVERSIFIED HOLDINGS BHDLong12/2/20090.435439110024.93530
PJI HOLDINGS BHDLong12/2/20090.08103810036.383425
SUCCESS TRANSFORMER CORP BHDLong12/2/20091.1656620024.222320
TALAM CORPORATION BHDLong12/2/20090.0953126890031.611912
DPS RESOURCES BHDShort12/2/20090.1639890029.232223
ENGTEX GROUP BHDShort12/2/20091.1428700025.181617

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