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, January 6, 2011

Scan 6 Jan 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHEMICAL COMPANY OF MALAYSIA BHLong1/6/20111.8917700029.242925
DREAMGATE CORPORATION BHDLong1/6/20110.07100000049.362119
MINETECH RESOURCES BHDLong1/6/20110.1996600024.162012
PLENITUDE BHDLong1/6/20112.2816390046.833428
PORTRADE DOTCOM BHDLong1/6/20110.12513000021.482725
TOP GLOVE CORPORATION BHDLong1/6/20115.4150320031.463624
EUROSPAN HOLDINGS BHDShort1/6/20110.9634780033.851462
JOHN MASTER INDUSTRIES BHDShort1/6/20110.14238190035.791114
JOTECH HOLDINGS BHDShort1/6/20110.11416970042.291722
ORIENTAL HOLDINGS BHDShort1/6/20115.5211670025.812529
SUMATEC RESOURCES BHDShort1/6/20110.29129460024.053136

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