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

Sunday, September 26, 2010

Scan 24 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FRONTKEN CORPORATION BHDLong9/24/20100.17308810022.43715
GADANG HOLDINGS BHDLong9/24/20100.75288270035.323231
HONG LEONG BANK BHDLong9/24/20109.128250021.472621
I-POWER BHDLong9/24/20100.05368150043.723735
KBES BHDLong9/24/20100.3565250028.043520
KELADI MAJU BHDLong9/24/20100.16342430071.06369
MALAYSIAN AIRLINE SYSTEM BHDLong9/24/20102.18155210024.051917
MTOUCHE TECHNOLOGY BHDLong9/24/20100.2122160021.193632
NAIM INDAH CORPORATION BHDLong9/24/20100.054005170050.015823
TALAM CORPORATION BHDLong9/24/20100.110548740024.9136
TECHNODEX BHDLong9/24/20100.1913490028.012423
AMMB HOLDINGS BHDShort9/24/20105.66580160039.792627
DIJAYA CORPORATION BHDShort9/24/20101.0212550036.542526
IOI CORPORATION BHDShort9/24/20105.46346110042.242632
MEGA FIRST CORPORATION BHDShort9/24/20101.7518200026.172131
NV MULTI CORPORATION BHDShort9/24/20100.6740590032.042733
TENAGA NASIONAL BHDShort9/24/20108.921035680021.552734

1 comment:

Parag said...

Stock market is risky and will remain risk always still one can
minimize risk factor in it by using proper stoploss.
Stock market movement