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

Thursday, July 1, 2010

Scan 1Jul 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CME GROUP BHDLong7/1/20100.055265100027.093734
FABER GROUP BHDLong7/1/20102.66201550036.513027
IGB CORPORATION BHDLong7/1/20101.79159500021.832827
MALAYSIA STEEL WORKS (KL)BHDLong7/1/20100.93511250035.092827
PRINSIPTEK CORPORATION BHDLong7/1/20100.3529700030.682118
WAWASAN TKH HOLDINGS BHDLong7/1/20100.13580000029.532312
ASIATIC DEVELOPMENT BHDShort7/1/20106.4738000025.842629
HONG LEONG BANK BHDShort7/1/20108.613920028.462024
TALAM CORPORATION BHDShort7/1/20100.123282810033.371921
TANJONG PUBLIC LIMITED COMPANYShort7/1/201017.3132950023.892629

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