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, March 17, 2010

Scan 17 Mar 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BOUSTEAD HOLDINGS BHDLong3/17/20103.4588450027.762926
BP PLASTICS HOLDING BHDLong3/17/20100.61520850020.122520
LII HEN INDUSTRIES BHDLong3/17/20101.2114230023.12827
MALAYSIA AIRPORT HOLDINGS BHDLong3/17/20104.7544820040.063028
TECHNODEX BHDLong3/17/20100.2675510022.262218
FITTERS DIVERSIFIED BHDShort3/17/20100.545212990023.562122
MAXTRAL INDUSTRY BHDShort3/17/20100.34523160021.542325
MLABS SYSTEMS BHDShort3/17/20100.1102860036.362730
UBG BHDShort3/17/20102.3610040031.472939

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