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, May 24, 2011

Scan 24 May 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
PUNCAK NIAGA HOLDINGS BHDLong5/24/20112.22150000030.573520
QUALITY CONCRETE HOLDINGS BHDLong5/24/20111.3923990031.441813
VIZTEL SOLUTIONS BHDLong5/24/20110.105879460021.123424
BLD PLANTATION BHDShort5/24/20115.5314800023.692728
CAHYA MATA SARAWAK BHDShort5/24/20112.1614290027.843031
PAN MALAYSIAN INDUSTRIES BHDShort5/24/20110.0537250026.81825
TELEKOM MALAYSIA BHDShort5/24/20113.82133630046.081851

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