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 30, 2009

Scan 30 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EASTERN & ORIENTAL BHDLong12/30/20091.05709770021.83023
HPI RESOURCES BHDLong12/30/20091.2710340033.733130
LINGKARAN TRANS KOTA HOLDINGS BLong12/30/20092.8428660025.613432
METRONIC GLOBAL BHDLong12/30/20090.085141800030.861611
NEW STRAITS TIMES PRESS (M) BHDLong12/30/20091.8317480025.133227
RB LAND HOLDINGS BHDLong12/30/20092.32102130021.513028
UOA REAL ESTATE INVESTMENT TRUSLong12/30/20091.2714530020.762827
JADI IMAGING HOLDINGS BHDShort12/30/20090.17521000021.812325
PDZ HOLDINGS BHDShort12/30/20090.0826080055.732022

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