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

Friday, April 23, 2010

Scan 23 Apr 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
INTELLIGENT EDGE TECHNOLOGIES BLong4/23/20100.0712000020.423830
KEY ASIC BHDLong4/23/20100.335138140022.62322
NI HSIN RESOURCES BHDLong4/23/20100.2183130022.922217
TOMYPAK HOLDINGS BHDLong4/23/20103.2645900234023
ASIAEP BHDShort4/23/20100.0710020036.461216
MALTON BHDShort4/23/20100.37546540021.192022
MOBIF BHDShort4/23/20100.0731000020.992629
SOLUTION ENGINEERING HOLDINGS BShort4/23/20100.24512400021.612327
VTI VINTAGE BHDShort4/23/20100.11516760021.562832

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