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, June 16, 2010

Scan 16 Jun 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AEON CO. (M) BHDLong6/16/20104.88350900039.833635
BOUSTEAD HEAVY INDUSTRIES CORPLong6/16/20103.8910170029.823425
CB INDUSTRIAL PRODUCT HOLDING BLong6/16/20102.5115210022.473832
EDEN INC. BHDLong6/16/20100.37965250027.144520
GPRO TECHNOLOGIES BHDLong6/16/20100.0568000046.074023
LINGUI DEVELOPMENT BHDLong6/16/20101.1224850026.882524
MULTI-PURPOSE HOLDINGS BHDLong6/16/20102.06130000020.962722
PALETTE MULTIMEDIA BHDLong6/16/20100.0436810049.063731
PANTECH GROUP HOLDINGS BHDLong6/16/20100.84529010037.723331
SAAG CONSOLIDATED (M) BHDLong6/16/20100.0851596230024.292822
SIN CHEW MEDIA CORPORATION BHDLong6/16/20100.81271300022.012422
SURIA CAPITAL HOLDINGS BHDLong6/16/20101.3830150023.243130
WTK HOLDINGS BHDLong6/16/20101.1417920024.942420
ADVANCE INFORMATION MARKETING BShort6/16/20100.1452426840027.522223
CAROTECH BHDShort6/16/20100.1421930023.452536

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