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, January 4, 2011

Scan 4 Jan 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCE INFORMATION MARKETING BLong1/4/20110.11150410044.494016
ASIATIC DEVELOPMENT BHDLong1/4/20119.03156240022.52220
FABER GROUP BHDLong1/4/20112.7251790026.593723
IJM CORPORATION BHDLong1/4/20116.28461280034.513325
JOHN MASTER INDUSTRIES BHDLong1/4/20110.135271420040.591211
KUMPULAN JETSON BHDLong1/4/20110.95540600033.672924
NGIU KEE CORPORATION (M) BHDLong1/4/20110.1578990031.55797
REDTONE INTERNATIONAL BHDLong1/4/20110.19540480030.972826
SCOMI GROUP BHDLong1/4/20110.375700640020.22221
TALAM CORPORATION BHDLong1/4/20110.0956837310446.871612
MINETECH RESOURCES BHDShort1/4/20110.17522000025.761314

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