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, September 16, 2010

Scan 15 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
K & N KENANGA HOLDINGS BHDLong9/15/20100.7820110033.34124
OCTAGON CONSOLIDATED BHDLong9/15/20100.14514830020.542620
ORIENTAL HOLDINGS BHDLong9/15/20105.2585180033.813329
PALETTE MULTIMEDIA BHDLong9/15/20100.02571370034.053823
PARAMOUNT CORPORATION BHDLong9/15/20104.2351490035.444226
ADVENTA BHDShort9/15/20102.6224170043.193133
MLABS SYSTEMS BHDShort9/15/20100.1555200023.232122
MUTIARA GOODYEAR DEVELOPMENT BHShort9/15/20100.955420026.13741
NAIM INDAH CORPORATION BHDShort9/15/20100.03539500044.59831

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