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

Tuesday, November 2, 2010

Scan 2 Nov 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CAM RESOURCES BHDLong11/2/20100.2538560028.643121
GAMUDA BHDLong11/2/20103.8807410023.552523
GLOBETRONICS TECHNOLOGY BHDLong11/2/20101.231670021.73025
DIJAYA CORPORATION BHDShort11/2/20101.0416300028.662526
HIAP TECK VENTURE BHDShort11/2/20101.2718500020.551718
PUNCAK NIAGA HOLDINGS BHDShort11/2/20102.8417520022.452629
SDKM FIBRES WIRES & CABLES BHDShort11/2/20102.38136880041.691823
ZELAN BHDShort11/2/20100.68369530020.321819

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