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, May 26, 2010

Scan 26 May 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AEON CO. (M) BHDShort5/26/20104.9836100020.261952
EXCEL FORCE MSC BHDShort5/26/20100.63596020042.583034
KELADI MAJU BHDShort5/26/20100.1558500060.692028
OLYMPIA INDUSTRIES BHDShort5/26/20100.225412990021.563132
OPENSYS (M) BHDShort5/26/20100.09513510040.132227

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