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 31, 2009

Scan 31 Dec 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
INTELLIGENT EDGE TECHNOLOGIES BLong12/31/20090.085149890024.824534
JAKS RESOURCES BERHADLong12/31/20090.635675230032.252726
ONLINE ONE CORPORATION BHDLong12/31/20090.08564510024.652514
OPENSYS (M) BHDLong12/31/20090.12510150026.682623
PALETTE MULTIMEDIA BHDLong12/31/20090.04540010039.512922
PDZ HOLDINGS BHDLong12/31/20090.0820270052.292621
PENTAMASTER CORPORATION BHDLong12/31/20090.19512150025.812320
CONNECTCOUNTY HOLDINGS BHDShort12/31/20090.05534000029.583234
LIMAHSOON BHDShort12/31/20090.055156530056.741519
LITYAN HOLDINGS BHDShort12/31/20091.8738080023.662223
PETRONAS GAS BHDShort12/31/20099.7231780020.952334

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