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 21, 2010

Scan 21 Apr 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CEPATWAWASAN GROUP BHDLong4/21/20100.95510400025.792421
DENKO INDUSTRIAL CORPORATION BHLong4/21/20100.1128280031.93025
DIALOG GROUP BHDLong4/21/20101.11138380023.92322
IJM CORPORATION BHDLong4/21/20105.03565200021.742920
KOSSAN RUBBER INDUSTRIES BHDLong4/21/20107.958870026.042928
MULTI-PURPOSE HOLDINGS BHDLong4/21/20102.25187540042.843223
PJ DEVELOPMENT HOLDINGS BHDLong4/21/20100.7712160030.433629
PUNCAK NIAGA HOLDINGS BHDLong4/21/20102.6987780020.463022
NI HSIN RESOURCES BHDShort4/21/20100.21532630025.471819
PDZ HOLDINGS BHDShort4/21/20100.08520910021.022226

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