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

Monday, April 5, 2010

Scan 5 Apr 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MALAYSIA SMELTING CORPORATION BLong4/5/20103.317080026.814523
YTL POWER INTERNATIONAL BHDLong4/5/20102.23400350025.142019
BOX-PAK (MALAYSIA) BHDShort4/5/20101.4422400025.612223
MAH SING GROUP BHDShort4/5/20101.6878240022.062040
SCAN ASSOCIATES BHDShort4/5/20100.09541000032.152847
TANAH EMAS CORPORATION BHDShort4/5/20100.9211100025.062324
TOMEI CONSOLIDATED BHDShort4/5/20100.53131260029.642223

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