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

Wednesday, December 22, 2010

Scan 22 Dec 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EQUINE CAPITAL BHDLong12/22/20100.525997870020.183521
GPRO TECHNOLOGIES BHDLong12/22/20100.08220000035.062217
KIAN JOO CAN FACTORY BHDLong12/22/20101.6775540024.752920
MALAYSIA AIRPORT HOLDINGS BHDLong12/22/20106.3111360025.353126
METECH GROUP BHDLong12/22/20100.515620026.463821
ZELAN BHDLong12/22/20100.5853920980028.453321
BATU KAWAN BHDShort12/22/201016.4215930036.972830
KURNIA ASIA BHDShort12/22/20100.3738300028.612427
PAN MALAYSIA CAPITAL BHDShort12/22/20100.11381400024.011922
SANICHI TECHNOLOGY BHDShort12/22/20100.0420620025.192533
YTL E-SOLUTIONS BHDShort12/22/20101.3178370024.112526

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