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

Tuesday, January 19, 2010

Scan 19 Jan 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DVM TECHNOLOGY BHDLong1/19/20100.0896080035.882625
KEJURUTERAAN SAMUDRA TIMUR BHDLong1/19/20100.3328700021.662117
TECHNODEX BHDLong1/19/20100.31370920028.243725
DREAMGATE CORPORATION BHDShort1/19/20100.165645000025.741718
PARAMOUNT CORPORATION BHDShort1/19/20103.0136120023.742231
PDZ HOLDINGS BHDShort1/19/20100.08564190025.461823
PW CONSOLIDATED BHDShort1/19/20100.4210520024.511821

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