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

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

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