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, April 14, 2010

Scan 14 Apr 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BATU KAWAN BHDLong4/14/201010.6270100028.293728
SP SETIA BHDLong4/14/20104.1565820021.862522
EVERGREEN FIBREBOARD BHDShort4/14/20101.676770031.282631
GSB GROUP BHDShort4/14/20100.0438000025.781315
HYTEX INTEGRATED BHDShort4/14/20100.20520100025.822728
JAYCORP BHDShort4/14/20100.8513000022.042227
NI HSIN RESOURCES BHDShort4/14/20100.21570560034.61420
TRANSMILE GROUP BHDShort4/14/20100.41248310021.862331

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