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 23, 2010

Scan 23 Jun 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BASWELL RESOURCES BHDLong6/23/20100.34530170022.534226
DAMANSARA REALTY BHDLong6/23/20100.835148870038.073524
PROGRESSIVE IMPACT CORPORATIONLong6/23/20100.25534940052.282723
SDKM FIBRES WIRES & CABLES BHDLong6/23/20101.74256490027.022117
SINO HUA-AN INTERNATIONAL BHDShort6/23/20100.355221510032.782124

No comments: