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

Saturday, April 23, 2011

Scan 22 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ES CERAMICS TECHNOLOGY BHDLong4/22/20110.095697110020.544019
JERASIA CAPITAL BHDLong4/22/20110.3512340035.933429
MQ TECHNOLOGY BHDLong4/22/20110.10527930022.761913
PADINI HOLDINGS BHDLong4/22/20111.08102300020.022613
SKP RESOURCES BHDLong4/22/20110.2714700027.282319
SOUTHERN STEEL BHDLong4/22/20112.2619410022.733228
BERJAYA SPORTS TOTO BHDShort4/22/20114.25353790025.031719
KEY ASIC BHDShort4/22/20110.15519220020.613033
PENSONIC HOLDINGS BHDShort4/22/20110.74347500039.743031

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