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 23, 2010

Scan 23 Dec 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVENTA BHDLong12/23/20102.64786520038.336019
HI-CITY BIOSCIENCE GROUP BHDLong12/23/20100.4126210031.013630
INTEGRATED RUBBER CORPORATION BLong12/23/20100.2857498000026.63329
LATEXX PARTNERS BHDLong12/23/20102.72428990032.022923
LEWEKO RESOURCES BHDLong12/23/20100.15555260020.952927
MALAYSIA PACIFIC CORP BHDLong12/23/20100.43574780022.123729
MALAYSIAN AIRLINE SYSTEM BHDLong12/23/20102.141107110020.253420
MEGA FIRST CORPORATION BHDLong12/23/20101.7310150022.322923
NAM FATT CORPORATION BHDLong12/23/20100.0541400026.932315
PATIMAS COMPUTERS BHDLong12/23/20100.0624880041.031412
PELIKAN INT.CORPORATION BHDLong12/23/20101.2696920021.243019
AIRASIA BHDShort12/23/20102.531426060024.731922
INFORTECH ALLIANCE BHDShort12/23/20100.12523010020.992325
UMS-NEIKEN GROUP BHDShort12/23/20100.27155570020.512529

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