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 2, 2010

Scan 2 Jun 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FLONIC HI-TEC BHDLong6/2/20100.04510010022.613517
STARHILL REAL ESTATE INVESTMENTLong6/2/20100.86523700020.822724
OLYMPIA INDUSTRIES BHDShort6/2/20100.215245830020.22426
TALIWORKS CORPORATION BHDShort6/2/20101.6816310027.71924

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