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, May 17, 2010

Scan 17 May 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
IBRACO BHDLong5/17/20100.89521130027.443938
OILCORP BHDLong5/17/20100.0856040000038.165013
RHB CAPITAL BHDLong5/17/20106.257690025.393024
CNI HOLDINGS BHDShort5/17/20100.2314560020.582326
EMIVEST BHDShort5/17/20100.6213900022.582934
ENCORP BHDShort5/17/20101.1512560034.692931
GLOBETRONICS TECHNOLOGY BHDShort5/17/20101.568910023.892425
HEKTAR REAL ESTATE INVESTMENT TShort5/17/20101.2419680024.392327
HI-CITY BIOSCIENCE GROUP BHDShort5/17/20100.58539920027.822330
PRESTAR RESOURCES BHDShort5/17/20100.4813840021.542226
SERN KOU RESOURCES BHDShort5/17/20100.2882800020.71637
TAN CHONG MOTOR HOLDINGS BHDShort5/17/20104.12144190023.572228

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