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, January 21, 2010

Scan 21 Jan 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GSB GROUP BHDLong1/21/20100.05528100033.862619
PELANGI PUBLISHING GROUP BHDLong1/21/20100.530750025.282928
PLENITUDE BHDLong1/21/20102.7211700022.792827
PLUS EXPRESSWAYS BHDLong1/21/20103.3928470028.412320
AIRASIA BHDShort1/21/20101.37382250028.771921
AMALGAMATED CONTAINERS BHDShort1/21/20105.43193900025.092427
BERJAYA CORPORATION BHDShort1/21/20101.2666110029.532122
DVM TECHNOLOGY BHDShort1/21/20100.07516530031.722431
EQUATOR LIFE SCIENCE BHDShort1/21/20100.03511190048.411819
FORMIS RESOURCES BHDShort1/21/20101.09142040024.11623
HAP SENG PLANTATIONS HOLDINGS BShort1/21/20102.419250028.653033
INSAS BHDShort1/21/20100.585203380032.372429
KELADI MAJU BHDShort1/21/20100.15598500021.861820
OSK HOLDINGS BHDShort1/21/20101.41123220039.081752

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