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 7, 2010

Scan 7 Jan 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FTEC RESOURCES BHDLong1/7/20100.0251253260027.132915
GRAND CENTRAL ENTERPRISES BHDLong1/7/20100.69562370024.42927
HAP SENG CONSOLIDATED BHDLong1/7/20102.522630038.673125
PALETTE MULTIMEDIA BHDLong1/7/20100.04592480030.862721
PETRA ENERGY BHDLong1/7/20101.7125460029.035130
FOREMOST HOLDINGS BHDShort1/7/20100.185588310025.382536
TAI KWONG YOKOHAMA BHDShort1/7/20101.1816270024.492732

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