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 26 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
TAMCO CORPORATE HOLDINGS BHDLong4/26/20110.13156300021.523424
H-DISPLAYS (MSC) BHDShort4/26/20110.03559000023.082734
HONG LEONG BANK BHDShort4/26/201110.350420029.182932
HPI RESOURCES BHDShort4/26/20113.36350090040.812933
PACIFIC & ORIENT BHDShort4/26/20110.8118480028.152528
SCAN ASSOCIATES BHDShort4/26/20110.0655510044.411721
YTL CORPORATION BHDShort4/26/20111.682929490034.64883

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