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 6, 2011

Scan 6 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
K-ONE TECHNOLOGY BHDLong4/6/20110.41589330027.53331
SCOMI ENGINEERING BHDLong4/6/20110.91513100023.463129
TANAH EMAS CORPORATION BHDLong4/6/20111.2205960026.594127
AXIS REAL ESTATE INVESTMENT TRUShort4/6/20112.3234100031.982634
GULA PERAK BHDShort4/6/20110.02768200022.571521
PROGRESSIVE IMPACT CORPORATIONShort4/6/20110.2523200035.061720
QUILL CAPITA TRUSTShort4/6/20111.0441700020.542229
TOP GLOVE CORPORATION BHDShort4/6/20115.2783860022.112324

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