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, April 20, 2011

Scan 20 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BERTAM ALLIANCE BHDLong4/20/20110.875318480033.863023
CWORKS SYSTEMS BHDLong4/20/20110.1115000022.084630
ISS CONSULTING SOLUTIONS BHDLong4/20/20110.065118820026.541312
KEY ASIC BHDLong4/20/20110.16542880022.983630
KONSORTIUM TRANSNASIONAL BHDLong4/20/20110.14517950025.652120
MNC WIRELESS BHDLong4/20/20110.1961850025.55914
MUI PROPERTIES BHDLong4/20/20110.1516820023.742219
SCAN ASSOCIATES BHDLong4/20/20110.06526000049.941913
MALAYSIAN BULK CARRIERS BHDShort4/20/20112.6427220033.382133
MAXBIZ CORPORATION BHDShort4/20/20110.0963450021.152334

No comments: