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, May 25, 2011

Scan 25 May 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIAEP BHDLong5/25/20110.05204730022.692119
HIL INDUSTRIES BHDLong5/25/20110.55510770020.082724
SKP RESOURCES BHDLong5/25/20110.2536000021.492219
TOMEI CONSOLIDATED BHDLong5/25/20110.713770023.693523
D & O VENTURES BHDShort5/25/20110.21122070031.483237
GHL SYSTEMS BHDShort5/25/20110.429100020.552339
GPA HOLDINGS BHDShort5/25/20110.085578050020.412125
HI-CITY BIOSCIENCE GROUP BHDShort5/25/20110.3812040022.392425
TDM BHDShort5/25/20112.8913140026.982839

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