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

Monday, November 8, 2010

Scan 8 Nov 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ANALABS RESOURCES BHDLong11/8/20101.6329370027.554825
CWORKS SYSTEMS BHDLong11/8/20100.0855200020.72018
GSB GROUP BHDLong11/8/20100.05551040038.593018
HUA YANG BHDLong11/8/20101.04177680020.673225
MEDIA PRIMA BHDLong11/8/20102.2210850033.071816
SAPURA INDUSTRIAL BHDLong11/8/20101.14855320031.75412
SIME DARBY BHDLong11/8/20109.031391640032.913832
MALAYSIA SMELTING CORPORATION BShort11/8/20104.5821440037.272833
PJ DEVELOPMENT HOLDINGS BHDShort11/8/20100.775367840048.812437
STAR PUBLICATIONS (M) BHDShort11/8/20103.5451880050.011959

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