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, 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

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