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, December 21, 2010

Scan 21 Dec 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KEY ASIC BHDLong12/21/20100.14554300032.315028
KINSTEEL BHDLong12/21/20100.87652170033.462724
LAND & GENERAL BHDLong12/21/20100.475487770021.362019
NEXTNATION COMMUNICATION BHDLong12/21/20100.0537600048.043625
OPENSYS (M) BHDLong12/21/20100.0816600027.983126
PUBLIC BANK BHDLong12/21/201012.94117850023.322717
SERN KOU RESOURCES BHDLong12/21/20100.3524430025.582519
TA ANN HOLDINGS BHDLong12/21/20104.736960022.993931
TAN CHONG MOTOR HOLDINGS BHDLong12/21/20105.379600020.562927
TECHNODEX BHDLong12/21/20100.17153790033.32720
YTL E-SOLUTIONS BHDLong12/21/20101.32300330025.952624
KIAN JOO CAN FACTORY BHDShort12/21/20101.6784630025.311824
METECH GROUP BHDShort12/21/20100.3820720026.252526
MUI PROPERTIES BHDShort12/21/20100.155275780025.72930

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