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

Saturday, October 9, 2010

Scan 8 Oct 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCE INFORMATION MARKETING BLong10/8/20100.181254860034.522111
FABER GROUP BHDLong10/8/20103.08213710028.232818
GSB GROUP BHDLong10/8/20100.04560000032.912218
LEE SWEE KIAT GROUP BHDLong10/8/20100.0819400024.583729
LNG RESOURCES BHDLong10/8/20100.20515000024.232624
SWEE JOO BHDLong10/8/20100.23265130027.934220
SHANGRI-LA HOTELS (M) BHDShort10/8/20102.86141200055.082930
TMC LIFE SCIENCES BHDShort10/8/20100.485151030022.111922

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