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

Monday, August 30, 2010

Scan 30 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ESSO MALAYSIA BHDLong8/30/20102.7124450020.573919
GUH HOLDINGS BHDLong8/30/20101.232880022.992827
KFC HOLDINGS (M) BHDLong8/30/201010.8108430030.242620
KINSTEEL BHDLong8/30/20100.865130490023.962221
LINEAR CORPORATION BHDLong8/30/20100.0881480036.242623
MARCO HOLDINGS BHDLong8/30/20100.12540000081.913630
MITRAJAYA HOLDINGS BHDLong8/30/20101.0724240037.433626
ORNASTEEL HOLDINGS BHDLong8/30/20101.7339330025.752726
PETRONAS DAGANGAN BHDLong8/30/201010.7624100038.72725
PETRONAS GAS BHDLong8/30/201010.591300022.29709
SANICHI TECHNOLOGY BHDLong8/30/20100.095305200033.627522
STARHILL REAL ESTATE INVESTMENTLong8/30/20100.8524940027.072421
WEIDA (M) BHDLong8/30/20100.858790023.442924
ASIA PACIFIC LAND BHDShort8/30/20100.32546140028.552431
BOLTON BHDShort8/30/20100.9422050041.652425
BORNEO AQUA HARVEST BHDShort8/30/20100.50531020023.091423
COCOALAND HOLDINGS BHDShort8/30/20102.7156763326.972628
EMICO HOLDINGS BHDShort8/30/20100.26547120046.162326
INSAS BHDShort8/30/20100.4914310028.322426
LATITUDE TREE HOLDINGS BHDShort8/30/20101.6214250030.552427
LTKM BHDShort8/30/20102.0413610039.242832
MUI PROPERTIES BHDShort8/30/20100.14100670032.852024
NEW HOONG FATT HOLDINGS BHDShort8/30/20102.416690031.042527
PACIFIC & ORIENT BHDShort8/30/20101.07176330022.412527
PALETTE MULTIMEDIA BHDShort8/30/20100.0366080050.592329
SINO HUA-AN INTERNATIONAL BHDShort8/30/20100.34158270025.831923
SP SETIA BHDShort8/30/20104.3342750022.382326
TAN CHONG MOTOR HOLDINGS BHDShort8/30/20104.75116520035.452627

Average Directional Index (ADX) Indicator - An Introduction

Author: Steven T. Ng

The Average Directional Index, or the ADX indicator for short, acts as a guide to confirm the signals produced by other technical indicators. The Average Directional Index is an indicator that measures the strength of a trend. For example, it can measure whether an uptrend or downtrend is gaining momentum or slowing down.The Average Directional Index (ADX) indicator is a combination of the positive directional indicator (+DI) and the negative directional indicator (-DI). The +DI tracks the upward trend of the stock, while the -DI tracks the downward trend. The ADX indicator combines the two and produces a unified trend strength indicator.The ADX indicator is an oscillating indicator, ranging from 0 to 100, with 0 indicating flat trading, and 100 indicating either a skyrocketing or plunging stock. The ADX only indicates the strength of the trend, and does not indicate its direction.However, it is unlikely to see ADX indicator values above 60, since such high values indicate a trend that usually only appears in long bull runs or long recessions. Usually, any ADX value above 40 is considered to be a strong trend, while any ADX value below 20 indicates that the stock is in a trading range.As for signals produced by the Average Directional Index (ADX) indicator, a move below 40 from above indicates that the trend is slowing. Since most option strategies rely on large price movements in short timeframes, a slowing trend is bad. Therefore an ADX move below 40 would indicate that it is time to close our positions.Conversely, an ADX indicator move above 20 from below indicates that the sideways trading is over, and a new trend is developing. This would indicate that it is time to make a move, either bullish or bearish.Also, signals can be obtained by looking at where the positive directional index +DI and negative directional index -DI lines cross each other. When the +DI crosses above the -DI from below, it is a bullish signal. When the -DI crosses above the +DI from below, it is bearish.We again stress that basing your investment decisions on only one indicator is not recommended. It is best to use it with one or two additional indicators of different types in order to confirm signals and prevent false alarms.For a more specific example on using the ADX indicator on an actual chart, please visit:http://www.option-trading-guide.com/adx.html

Article Source: http://www.articlesbase.com/investing-articles/average-directional-index-adx-indicator-an-introduction-1200910.html

About the AuthorSteven is the founder of the Option Trading Guide at http://www.option-trading-guide.com , a website that provides information on trading stock options and technical analysis techniques.

Friday, August 27, 2010

Scan 27 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MALAYSIA BUILDING SOCIETY BHDLong8/27/20101.39154730027.452520
OILCORP BHDLong8/27/20100.06519790037.095534
OSK PROPERTY HOLDINGS BHDLong8/27/20100.5811850023.042523
PJI HOLDINGS BHDLong8/27/20100.1284800021.192217
ASIAN PAC HOLDINGS BHDShort8/27/20100.085103600064.381316
FTEC RESOURCES BHDShort8/27/20100.0051496840043.58199
GLOMAC BHDShort8/27/20101.35102800034.392833
GUH HOLDINGS BHDShort8/27/20101.1863500024.742728
LII HEN INDUSTRIES BHDShort8/27/20101.2722620032.52527
MALAYAN UNITED INDUSTRIES BHDShort8/27/20100.16204030068.072529
MELEWAR INDUSTRIAL GROUP BHDShort8/27/20100.70575790028.892738
PAN MALAYSIAN INDUSTRIES BHDShort8/27/20100.0590170074.193133
SUNRISE BHDShort8/27/2010272230032.762531
THONG GUAN INDUSTRIES BHDShort8/27/20100.915470023.942730

Scan 26 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIA PACIFIC LAND BHDLong8/26/20100.3424850032.173028
AWC FACILITY SOLUTIONS BHDLong8/26/20100.265102150021.54938
ECOFIRST CONSOLIDATED BHDLong8/26/20100.1124100046.982318
LB ALUMINIUM BHDLong8/26/20100.48515050028.393830
MITHRIL BHDLong8/26/20100.115825040029.955723
PAN MALAYSIA CAPITAL BHDLong8/26/20100.10522120024.222524
REDTONE INTERNATIONAL BHDLong8/26/20100.254450045.572927
TANCO HOLDINGS BHDLong8/26/20100.09530100029.242823
APB RESOURCES BHDShort8/26/2010123790024.162728
BORNEO OIL BHDShort8/26/20100.1515900030.452729
CAROTECH BHDShort8/26/20100.0851639370028.051820
CBS TECHNOLOGY BHDShort8/26/20100.327000034.242229
GULA PERAK BHDShort8/26/20100.025146990058.191821
MEDA INC. BHDShort8/26/20100.225181100038.791519
SANICHI TECHNOLOGY BHDShort8/26/20100.08516980028.151181
STARHILL REAL ESTATE INVESTMENTShort8/26/20100.85522810030.972026

Wednesday, August 25, 2010

Scan 25 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DIALOG GROUP BHDLong8/25/20101.11319430045.42014
GSB GROUP BHDLong8/25/20100.04522100024.791714
MMC CORPORATION BHDLong8/25/20102.53111510021.341615
AWC FACILITY SOLUTIONS BHDShort8/25/20100.25542200021.612628
DNP HOLDINGS BHDShort8/25/20101.4342830024.562427
EASTERN & ORIENTAL BHDShort8/25/20101.07445620030.012429
ECOFIRST CONSOLIDATED BHDShort8/25/20100.10523550050.842122
GADANG HOLDINGS BHDShort8/25/20100.88546370025.92932
IRE-TEX CORPORATION BHDShort8/25/20100.9810800023.211819
KFC HOLDINGS (M) BHDShort8/25/201010.5829560036.642427
KINSTEEL BHDShort8/25/20100.875194800029.371922
KNM GROUP BHDShort8/25/20100.495491060020.121214
KPJ HEALTHCARE BHDShort8/25/20103.4216060022.222235
KURNIA ASIA BHDShort8/25/20100.48538810023.872327
MAA HOLDINGS BHDShort8/25/20100.66541540024.962126
MALAYSIA BUILDING SOCIETY BHDShort8/25/20101.38108150030.392023
MAMEE-DOUBLE DECKER (M) BHDShort8/25/20103.4414230024.443339
MITHRIL BHDShort8/25/20100.10595600029.882426
MNC WIRELESS BHDShort8/25/20100.05517110028.292225
MULTI-PURPOSE HOLDINGS BHDShort8/25/20102.14209450032.352024
OCTAGON CONSOLIDATED BHDShort8/25/20100.1523040028.032629
ORNASTEEL HOLDINGS BHDShort8/25/20101.7126040030.652229
PJI HOLDINGS BHDShort8/25/20100.115156900022.251415
SUMATEC RESOURCES BHDShort8/25/20100.24513500026.292934
SURIA CAPITAL HOLDINGS BHDShort8/25/20101.5712550027.442633
TEJARI TECHNOLOGIES BHDShort8/25/20100.2552460580037.142227
WEIDA (M) BHDShort8/25/20100.785103940026.242429
WIJAYA BARU GLOBAL BHDShort8/25/20100.2230050036.082324
YEE LEE CORPORATION BHDShort8/25/20103.2144800021.22432

Tuesday, August 24, 2010

Scan 24 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
LONDON BISCUITS BHDLong8/24/20101.16122300024.422924
SCOMI MARINE BHDLong8/24/20100.5603140024.973020
DIALOG GROUP BHDShort8/24/20101.091155440047.691617
EQUINE CAPITAL BHDShort8/24/20100.43561590027.932732
JAKS RESOURCES BERHADShort8/24/20100.705248800022.862528
KUMPULAN PERANGSANG SELANGOR BHShort8/24/20101.3723380023.091821
LION DIVERSIFIED HOLDINGS BHDShort8/24/20100.415174790023.172122
MALAYSIAN RESOURCES CORPORATIONShort8/24/20101.67284300021.242123
MATRIX INTERNATIONAL BHDShort8/24/20100.65159940047.012736
PENTAMASTER CORPORATION BHDShort8/24/20100.3123690021.662021
SCOMI GROUP BHDShort8/24/20100.411226030023.291826
STARHILL REAL ESTATE INVESTMENTShort8/24/20100.85533080023.261820
ZELAN BHDShort8/24/20100.6251096950036.582128

Monday, August 23, 2010

Scan 23 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AWC FACILITY SOLUTIONS BHDLong8/23/20100.2515930023.844130
FTEC RESOURCES BHDShort8/23/20100.00544990031.642352
H-DISPLAYS (MSC) BHDShort8/23/20100.03512000027.941216
ISS CONSULTING SOLUTIONS BHDShort8/23/20100.0644500023.882628
LEADER UNIVERSAL HOLDINGS BHDShort8/23/20100.85544250021.92728
LONDON BISCUITS BHDShort8/23/20101.1643180025.72328
ORIENTAL FOOD INDUSTRIES HOLDINShort8/23/20101.8330830026.352228
TDM BHDShort8/23/20102.0933060038.472732
TEBRAU TEGUH BHDShort8/23/20100.675204030030.492226
TIME DOTCOM BHDShort8/23/20100.572477620043.482126

Friday, August 20, 2010

Scan 20 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CONNECTCOUNTY HOLDINGS BHDLong8/20/20100.0621600021.952524
GPA HOLDINGS BHDLong8/20/20100.0913540062.133837
LITESPEED EDUCATION TECHNOLOGIELong8/20/20100.1344000023.812825
HPI RESOURCES BHDShort8/20/20101.7611100024.042425
HWANG-DBS (M) BHDShort8/20/20101.6155800024.443038
TIME ENGINEERING BHDShort8/20/20100.415914290037.252124
TOMYPAK HOLDINGS BHDShort8/20/20103.4284250026.352527
WAH SEONG CORPORATION BHDShort8/20/20102.329670022.22734

Thursday, August 19, 2010

Scan 19 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BORNEO AQUA HARVEST BHDLong8/19/20100.49515840030.361916
HWANG-DBS (M) BHDLong8/19/20101.6523800025.483530
JT INTERNATIONAL BHDLong8/19/20105.8619010035.263829
SANICHI TECHNOLOGY BHDLong8/19/20100.0943300025.985043
TEBRAU TEGUH BHDLong8/19/20100.7311740034.722623
ASIATIC DEVELOPMENT BHDShort8/19/20107.2748480025.12627
OILCORP BHDShort8/19/20100.045145200044.613045
SYMPHONY HOUSE BHDShort8/19/20100.2311150039.832123

Wednesday, August 18, 2010

Scan 18 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KONSORTIUM LOGISTIK BHDLong8/18/20101.4223040029.182625
PERDUREN (M) BHDLong8/18/20101.0613910023.551514
PJI HOLDINGS BHDLong8/18/20100.13408660025.322014
BINA PURI HOLDINGS BHDShort8/18/20101.1613000020.71922
CENTURY BOND BHDShort8/18/20100.7630110022.662728
EXCEL FORCE MSC BHDShort8/18/20100.7728130032.233233
NAIM INDAH CORPORATION BHDShort8/18/20100.0410440047.071113
PUNCAK NIAGA HOLDINGS BHDShort8/18/20102.8570110048.551465
TEBRAU TEGUH BHDShort8/18/20100.68116800037.122526
WINSUN TECHNOLOGIES BHDShort8/18/20100.0520010066.283345

Tuesday, August 17, 2010

Scan 17 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FTEC RESOURCES BHDLong8/17/20100.005414350043.096831
I-POWER BHDLong8/17/20100.075121980033.993716
JASA KITA BHDLong8/17/20100.14105110027.744322
NYLEX (M) BHDLong8/17/20100.81124350022.643427
WAH SEONG CORPORATION BHDLong8/17/20102.3726720026.553229
LIMAHSOON BHDShort8/17/20100.10547000028.062328
SANBUMI HOLDINGS BHDShort8/17/20100.317100029.322833

Monday, August 16, 2010

Scan 16 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BORNEO OIL BHDLong8/16/20100.175254670037.843819
BUMIPUTRA-COMMERCE HOLDINGS BHDLong8/16/20107.33920320022.062622
COCOALAND HOLDINGS BHDLong8/16/20102.82119690042.963827
DAIBOCHI PLASTIC & PACKAGING INLong8/16/20103.1816230021.513227
DRB-HICOM BHDLong8/16/20101.141460810028.333016
EVERGREEN FIBREBOARD BHDLong8/16/20101.5568080024.32220
HOVID BHDLong8/16/20100.195200950030.052220
HPI RESOURCES BHDLong8/16/20101.8131180031.532622
NEXTNATION COMMUNICATION BHDLong8/16/20100.05575400066.72982
PUBLIC BANK BHDLong8/16/201012272060032.852019
SEG INTERNATIONAL BHDLong8/16/20102.7207970025.264130
CHANGHUAT CORPORATION BHDShort8/16/20101.3713310020.252426
DAYA MATERIALS BHDShort8/16/20100.1997420029.052835
GPA HOLDINGS BHDShort8/16/20100.08516970080.163942
LITESPEED EDUCATION TECHNOLOGIEShort8/16/20100.12266600029.372327
MARCO HOLDINGS BHDShort8/16/20100.11534500033.152377
NAIM INDAH CORPORATION BHDShort8/16/20100.035165330048.251112
WAH SEONG CORPORATION BHDShort8/16/20102.3276970028.353033
WINSUN TECHNOLOGIES BHDShort8/16/20100.0562020065.023642

Saturday, August 14, 2010

Scan 13 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BHS INDUSTRIES BHDLong8/13/20100.8617190066.055012
CNI HOLDINGS BHDLong8/13/20100.2286430024.694733
DATAPREP HOLDINGS BHDLong8/13/20100.326600027.312524
EFFICIENT E-SOLUTIONS BHDLong8/13/20100.259210021.612922
HIROTAKO HOLDINGS BHDLong8/13/20101.0541140020.53029
MALAYSIAN RESOURCES CORPORATIONLong8/13/20101.71171080027.312420
NEXTNATION COMMUNICATION BHDLong8/13/20100.05521810066.74972
PJI HOLDINGS BHDLong8/13/20100.12196160025.91615
TOMYPAK HOLDINGS BHDLong8/13/20103.4423790029.522826
FTEC RESOURCES BHDShort8/13/20100.00531500043.6198
JASA KITA BHDShort8/13/20100.13525000027.012627
KOMARKCORP BHDShort8/13/20100.265272000322021
MARCO HOLDINGS BHDShort8/13/20100.1225710031.13565
MEDIA PRIMA BHDShort8/13/20102.1188690020.511925
WINSUN TECHNOLOGIES BHDShort8/13/20100.0564030064.323740

Thursday, August 12, 2010

Scan 12 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AMANAHRAYA REAL ESTATE INVESTMEShort8/12/20100.85516530054.093236
COCOALAND HOLDINGS BHDShort8/12/20102.49116660052.153437
EFFICIENT E-SOLUTIONS BHDShort8/12/20100.1960300023.182025
EVERGREEN FIBREBOARD BHDShort8/12/20101.5103260028.932223
GHL SYSTEMS BHDShort8/12/20100.23516440020.412238
HOVID BHDShort8/12/20100.1847600034.72326
IFCA MSC BHDShort8/12/20100.16610230038.612024
JASA KITA BHDShort8/12/20100.13517500026.942627
KBES BHDShort8/12/20100.3316640038.261440
LBS BINA GROUP BHDShort8/12/20100.52525230020.792425
LONDON BISCUITS BHDShort8/12/20101.238630043.282531
MALAYSIAN RESOURCES CORPORATIONShort8/12/20101.7184110028.692022
MARCO HOLDINGS BHDShort8/12/20100.11550900030.583763
PERISAI PETROLEUM TEKNOLOGI BHDShort8/12/20100.5393330020.511927
PETRONAS DAGANGAN BHDShort8/12/201010.2222310055.481944
PPB GROUP BHDShort8/12/201017.3625010025.222232
QUILL CAPITA TRUSTShort8/12/2010122850033.452332
RB LAND HOLDINGS BHDShort8/12/20102.252600022.62529
SANICHI TECHNOLOGY BHDShort8/12/20100.08515000026.961867
SIME DARBY BHDShort8/12/20107.6475070025.381563
WTK HOLDINGS BHDShort8/12/20101.1130650020.741926

Wednesday, August 11, 2010

Scan 11 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MAMEE-DOUBLE DECKER (M) BHDLong8/11/20103.515720029.883727
PAN MALAYSIA CAPITAL BHDLong8/11/20100.10510500033.082118
TEJARI TECHNOLOGIES BHDLong8/11/20100.28176910037.123328
DIGI.COM BHDShort8/11/201024.3624330025.712144
DRB-HICOM BHDShort8/11/20101.04159480030.871724
FABER GROUP BHDShort8/11/20102.69118250021.862226
FTEC RESOURCES BHDShort8/11/20100.00528000043.6198
MARCO HOLDINGS BHDShort8/11/20100.11542200088.461585
MULPHA INTERNATIONAL BHDShort8/11/20100.415611190022.792022
PERISAI PETROLEUM TEKNOLOGI BHDShort8/11/20100.53533490020.042025
PUBLIC BANK BHDShort8/11/201011.96229470040.782122

Tuesday, August 10, 2010

Scan 10 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GLOBAL SOFT (MSC) BHDLong8/10/20100.0633500031.963826
HWA TAI INDUSTRIES BHDLong8/10/20100.605115980023.262821
YEE LEE CORPORATION BHDLong8/10/20103.316720028.212725
BHS INDUSTRIES BHDShort8/10/20100.8211390074.871623
KONSORTIUM LOGISTIK BHDShort8/10/20101.461730040.72531
MARCO HOLDINGS BHDShort8/10/20100.11510500067.813664
PJI HOLDINGS BHDShort8/10/20100.12137880030.711516
QUILL CAPITA TRUSTShort8/10/20101.0136720033.891932