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

Friday, September 24, 2010

Scan 23 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BANDAR RAYA DEVELOPMENTS BHDLong9/23/20102.1539380021.482321
MALAYAN UNITED INDUSTRIES BHDLong9/23/20100.165229750040.481814
METRONIC GLOBAL BHDLong9/23/20100.05348680041.542423
MOBIF BHDLong9/23/20100.0455710034.722116
DREAMGATE CORPORATION BHDShort9/23/20100.06591970039.011419
FITTERS DIVERSIFIED BHDShort9/23/20100.6225700035.761255
HONG LEONG BANK BHDShort9/23/2010936630022.342324
KIAN JOO CAN FACTORY BHDShort9/23/20101.3772750022.421922
MELEWAR INDUSTRIAL GROUP BHDShort9/23/20100.727370020.862831
QL RESOURCES BHDShort9/23/20104.5120350025.852123
TECHNODEX BHDShort9/23/20100.1743010030.882429

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