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, November 11, 2010

Scan 11 Nov 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALUMINIUM COMPANY OF MALAYSIA BLong11/11/20100.96511950022.282718
COCOALAND HOLDINGS BHDLong11/11/20102.5719910034.145123
SAAG CONSOLIDATED (M) BHDLong11/11/20100.0753565790032.32016
AIRASIA BHDShort11/11/20102.351686020038.982327
AMMB HOLDINGS BHDShort11/11/20106.15405490028.42425
GENTING BHDShort11/11/201010.6551570021.012324
KEY ASIC BHDShort11/11/20100.17510110026.963638
MALAYSIAN PACIFIC INDUSTRIES BHShort11/11/20105.718470021.542632
ORNASTEEL HOLDINGS BHDShort11/11/20101.8639830027.982324
PEMBINAAN LIMBONGAN SETIA BHDShort11/11/20101.4319000023.942736
PPB GROUP BHDShort11/11/201018.570600034.642837
WAH SEONG CORPORATION BHDShort11/11/20102.06428830028.352432

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