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

Sunday, April 11, 2010

Scan 9 Apr 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
LCTH CORPORATION BHDLong4/9/20100.3637310026.82522
N2N CONNECT BHDLong4/9/20100.3180310023.333223
NV MULTI CORPORATION BHDLong4/9/20100.6312500021.912623
PJI HOLDINGS BHDLong4/9/20100.0738290034.142618
SCOPE INDUSTRIES BHDLong4/9/20100.05142820070.843819
HO WAH GENTING BHDShort4/9/20100.161145930027.242439
PATIMAS COMPUTERS BHDShort4/9/20100.0829590070.321418
PPB GROUP BHDShort4/9/201017.6475320020.093038

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