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 18, 2010

Scan 18 Nov 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GENERAL CORPORATION BHDLong11/18/20101.61143040020.631311
SBC CORPORATION BHDLong11/18/20100.613800020.512927
AIC CORPORATION BHDShort11/18/20101.244070034.62227
DAIMAN DEVELOPMENT BHDShort11/18/20101.8224180040.712736
KFC HOLDINGS (M) BHDShort11/18/20103.97561640027.843133
MK LAND HOLDINGS BHDShort11/18/20100.365301460055.032224
NATURAL BIO RESOURCES BHDShort11/18/20100.67530450048.332738
NCB HOLDINGS BHDShort11/18/20103.6421880051.611931
UNIMECH GROUP BHDShort11/18/20100.9310160026.281418

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