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

Monday, December 21, 2009

Scan 21 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BANDAR RAYA DEVELOPMENTS BHDLong12/21/20091.5469270039.23624
EQUATOR LIFE SCIENCE BHDShort12/21/20090.03517060070.153660
FTEC RESOURCES BHDShort12/21/20090.02521050026.521517
HONG LEONG BANK BHDShort12/21/20097.8728400022.322338
LITYAN HOLDINGS BHDShort12/21/20091.991930038.052526
PAN MALAYSIA HOLDINGS BHDShort12/21/20090.07596200024.92225
PETRONAS GAS BHDShort12/21/20099.7272410026.882230
PROGRESSIVE IMPACT CORPORATIONShort12/21/20090.27564010020.991723
SIME DARBY BHDShort12/21/20098.89513890027.112833
YTL CORPORATION BHDShort12/21/20097.2537030020.962027

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