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, December 16, 2010

Scan 16 Dec 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALAM MARITIM RESOURCES BHDLong12/16/20101.04250500023.723028
GULA PERAK BHDLong12/16/20100.025142570024.044533
KONSORTIUM TRANSNASIONAL BHDLong12/16/20100.1459680024.173432
LAFARGE MALAYAN CEMENT BHDLong12/16/20107.78102770032.623227
MUI PROPERTIES BHDLong12/16/20100.165110220025.593725
PETALING TIN BHDLong12/16/20100.375531090020.642720
GOPENG BHDShort12/16/20101.2839140034.42527
MINPLY HOLDINGS (M) BHDShort12/16/20100.15466460026.191823
MOBIF BHDShort12/16/20100.04559630030.684043
TENAGA NASIONAL BHDShort12/16/20108.27643920022.462730

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