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, December 20, 2010

Scan 20 Dec 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DAIMAN DEVELOPMENT BHDLong12/20/20101.7813600029.53927
MMC CORPORATION BHDLong12/20/20102.9336640020.862620
MUDAJAYA GROUP BHDLong12/20/20104112560022.882820
PJI HOLDINGS BHDLong12/20/20100.14585910054.283120
ALAM MARITIM RESOURCES BHDShort12/20/20100.975150490021.072631
LAND & GENERAL BHDShort12/20/20100.4651016490022.891920
PETRONAS GAS BHDShort12/20/201011.2236430022.62331
POH HUAT RESOURCES HOLDINGS BHDShort12/20/20100.4516480020.262830
RESORTS WORLD BHDShort12/20/20103.28439230020.442026

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