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, July 21, 2010

Scan 21 Jul 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KBB RESOURCES BHDLong7/21/20100.24193050021.082016
KHEE SAN BHDLong7/21/20100.73254890025.153517
MALAYSIAN BULK CARRIERS BHDLong7/21/20102.9642710025.712719
MARCO HOLDINGS BHDLong7/21/20100.12544220067.627624
POH KONG HOLDINGS BHDLong7/21/20100.39319020024.63725
QUILL CAPITA TRUSTLong7/21/20101.0254170025.722321
TPC PLUS BHDLong7/21/20100.255515670030.582314
UMW HOLDINGS BHDLong7/21/20106.2578460020.192618
ENVAIR HOLDING BHDShort7/21/20100.065153890035.491720

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