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, April 26, 2011

Scan 25 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CME GROUP BHDLong4/25/20110.05543810024.731917
COMINTEL CORPORATION BHDLong4/25/20110.18516010027.392821
GOODWAY INTEGRATED INDUSTRIES BLong4/25/20110.7231400026.272516
KYM HOLDINGS BHDLong4/25/20112.2963140021.223417
PELANGI PUBLISHING GROUP BHDLong4/25/20110.5531130022.237318
PJBUMI BHDShort4/25/20110.2145400034.383137
POS MALAYSIA & SERVICES HOLDINGShort4/25/20113.23726600034.312029
SKP RESOURCES BHDShort4/25/20110.26527050025.722023

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